Market Roundup (BJ, M, JWN, LTD, HPQ, ADBE, AMZN)

US retail stocks gained after higher-than-expected fall in the weekly jobless claims. The S&P Retail Index (RLX) rose about 0.31%. According to comScore, online holiday sales in the 56 days through December 26 gained13% to $30.81 billion. The gainers in the list included BJ's Wholesale Club Inc BJ, Macy's Inc M, Nordstrom Inc JWN and Limited Brands Inc LTD. The US dollar dropped against its rivals after data on weekly jobless claims and pending home sales. The dollar index (DXY) lost about 0.23% to 79.61, down from 79.788 late Wednesday. Against the dollar, the euro gained around 0.4236% to $1.3278, up from $1.3219 Wednesday. The dollar fell about 0.9831% against the Swiss franc. US tech stocks dropped on Thursday, with Nasdaq Composite Index dropping about 0.11%. The decliners in the list included Hewlett-Packard Co HPQ, Adobe Systems Inc ADBE and Amazon.com Inc AMZN. Treasury prices dropped further pushing yields up, after weekly jobless claims dropped by 34,000 to 388,000 in the recent week and pending home sales gained more than expected. Yields on 10-year notes rose about 1.04%, while yields on 2-year notes gained around 3.12%. Read more from Benzinga's Markets.