NEW YORK—Shares of specialty retailers fell Monday as investors reacted to news that Microsoft Corp. withdrew its bid for Yahoo Inc. over the weekend.
Investors also reacted to a jump in oil prices that led to concerns that inflation may further curb consumer spending.
Here's how some specialty retailers fared Monday:
OfficeMax Inc. fell 60 cents, or 3.1 percent, to $18.73.
Lowe's Companies Inc. fell 68 cents, or 2.6 percent, to $25.45.
Gap Inc. fell 41 cents, or 2.2 percent, to $18.27.
TJX Cos. fell 68 cents, or 2.1 percent, to $31.45.
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