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Closing Glance: Specialty retailers rise



By AP
08 July 2008 @ 04:50 pm EST

NEW YORK - Shares of specialty retailers mainly rose Tuesday after oil prices also fell to $136.04 a barrel--it's lowest level in nearly two weeks.

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Quotes
OMX 13.72 -0.51
ODP 6.41 -0.38
LOW 23.85 -0.69
GPS 19.01 -0.35
TJX 34.77 -0.82

SYMBOL LOOKUP

Investors were also weighing news from OfficeMax Inc. competitor Office Depot Inc. that the weak economy hurt its second-quarter sales.

Here is a look at how shares of some key specialty retailers closed:

Lowe's Cos. rose 73 cents, or 3.6 percent, to $20.82.

Gap Inc. rose 89 cents, or 5.6 percent, to $16.75.

TJX Cos. rose $1.33, or 4.3 percent, to $32.46.

OfficeMax Inc. bucked the trend, falling $1.65, or 12 percent, to $12.18.

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 This material may not be published, broadcast, rewritten or redistributed.

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