Stronger dollar weighs on oil; Dow drops 1 percent

By Lewis Krauskopf NEW YORK (Reuters) - The U.S. dollar rose to a more than two-week high against a basket of currencies on Friday following strong U.S. economic data, putting pressure on oil prices, which fell after three days of gains. Wall Street closed lower, with the Dow down 1 percent, as oil's decline dragged on energy shares.