Broadline Retailers Fall As Weak General Electric Earnings Drag on Market

NEW YORK (AP) -- Shares of broadline retailers fell Friday morning as General Electric Co. posted weak first-quarter results, hurt by credit market problems, sparking investor worry.

Meanwhile, a report from RBC Cash Index indicated consumer confidence was at its lowest since the index began in 2002.

How broadline retailers fared in early trading Friday:

Wal-Mart Stores Inc., down 2 cents to $54.64.

Target Corp., down 41 cents to $52.75.

Costco Wholesale Corp., down 57 cents to $65.95.

BJ Wholesale Club, down 24 cents to $36.52.