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Closing Glance: Specialty retailers fall ahead of sales data



07 May 2008 @ 04:37 pm EST

NEW YORK (AP) - Specialty retail shares fell Wednesday along with the broader market as investors digested mixed economic data, including a National Association of Realtors report showing pending sales of existing homes fell 1 percent in March.

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OMX 13.98 -0.35
GPS 16.45 -0.24
TJX 31.23 0
LOW 20.22 -0.01

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Investors were also awaiting the release of retailers' April same-store sales, or sales at stores open at least a year, tomorrow.

Here's how some specialty retailers fared:

OfficeMax Inc. fell a penny to $18.71.

Lowe's Companies Inc. dropped 48 cents to $24.93.

Gap Inc. dipped 33 cents to $18.24.

TJX Cos. slid 29 cents to $31.75.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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