Closing glance: Broadline retailers
By
Associated Press
July 8, 2008
|
Shares of broadline retailers closed up on Tuesday, as a rising dollar and falling oil temporarily eased investor concern about the economy.
The euro bought $1.5661 in European afternoon trading, down from $1.5733 late Monday in New York.
Oil fell $5.33 to settle at $136.04 a barrel on the New York Mercantile Exchange, bringing oil's two-day drop to more than $9.
Here's how broadline retailers fared on Tuesday:
Wal-Mart Stores Inc., up $2.20 to $59.11.
Target Corp., up $1.50 to $48.67.
Costco Wholesale Corp., up $1.79 to $74.66.
Sears Holdings Corp., up $2.06 to $76.07.