The benchmark 10-year Treasury was up 5/32, diluting the yield to 1.604%, while the dollar was rising 0.74%, according to the
In corporate news, sales at many of the top U.S. retailers were hurt in June by worries about the economy and the still high unemployment rate.
, the warehouse retailer, said same-store sales in June rose 3%. Analysts were expecting same-store sales to rise 3.7%. Total sales for the month rose 6% to $9.18 billion from $8.69 billion a year earlier.
Shares ended Thursday down less than 0.5%.
also reported disappointing June same-store sales.
Still, Kohl's shares were jumping nearly 7% and Macy's was up more than 3%. Target was down 0.7%.
posted declines in same-store sales. However, Walgreen shares were up 1.3% while Rite Aid gave up more than 2%.
Lower-priced retailers such as
(TJX - Get Report)
(ROST - Get Report)
posted a jump in sales and raised their quarterly earnings outlooks as consumers shopped for bargains on designer apparel and home products.
Ross Stores shares popped nearly 7%, and TJX climbed more than 3%.
"There were also some same-store sales numbers that looked pretty good, and we have the retail sector [looking] pretty strong on those numbers," said Salamone.
-- Written by Andrea Tse and Alexandra Zendrian in New York.
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