GLOBAL MARKETS-US stocks little changed, oil at another record

(Adds close of U.S. markets)

* Rising energy shares offset bearish mood in U.S. stocks

* Dollar tumbles on bearish consumer sentiment data

* Gold crosses $900 ounce for first time in three weeks

By Herbert Lash

NEW YORK, May 16 (Reuters) - U.S. stocks were little changed on Friday as oil prices streaking toward $128 a barrel lifted energy shares and offset investor worries about a slump in U.S. consumer confidence to a 28-year low.

Gold, a traditional hedge against inflation, broke above a key psychological level of $900 per ounce for the first time in three weeks as crude oil surged to a record $127.82.

U.S. government debt prices turned lower in afternoon trade as stocks erased a majority of their losses and Treasuries ran into technical "perceived" resistance at 3.78 percent on 10-year yields and 3.03 percent on five-year yields.

The dollar fell as a plunge in U.S. consumer confidence raised concerns about an economic contraction in second quarter and trimmed the chances the Federal Reserve will raise interest rates this year.