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Closing Glance: Specialty retailers rise

By Associated Press
July 8, 2008 | Comments (0)

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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.

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.

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