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Treasury yields also fell on weak data. The 10-year reference rate was trading around 2.64%, compared with around 2.69%.
The US dollar has also fallen against other major currencies. The dollar index has traded 0.1% to 97.03. The greenback also lost 0.26% against the euro to trade at $ 1,1296.
The SPDR S & P Retail ETF (XRT) fell by more than 1%, as Groupon and Dick's Sporting Goods shares underperformed.
The data was sufficient to dampen market sentiment as investors continued to follow information on trade negotiations between the United States and China. President Donald Trump said on Wednesday that the talks were "going very well," with both parties seeking an agreement before March.
In addition, the South China Morning Post announced that Chinese President Xi Jinping would meet with US delegates on Friday, including Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer.
The S & P 500 and Nasdaq kicked off Thursday's session with four straight wins. Both indexes, as well as the Dow Jones 30 Index, were up at least 1% at Wednesday's close.
– Silvia Amaro of CNBC contributed to this report.
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