Dow Drops 101, Nasdaq Loses 10 As Fears of Refining Shortages Push Oil Prices Past $60 a Barrel NEW YORK (AP) -- Stocks tumbled Wednesday as oil prices climbed to a new record on fears of refining shortages and caused investors to look past a report showing strong growth in the service sector of the economy. The Dow Jones industrials dropped more than 101 points. Oil closed above $61 per barrel for the first time as investors worried that Tropical Storm Cindy would hurt production in the Gulf of Mexico and refinery capacity along the coast. Reports of power outages...