Stocks hit session lows on Thursday as weak retail sales and job market data alongside a profit warning from energy major Chevron made a dent in investor sentiment.

The Dow Jones industrial average <.DJI> lost 38.78 points, or 0.31 percent, to 12,410.67. The S&P 500 Index <.SPX> dropped 3.99 points, or 0.31 percent, to 1,288.49. The Nasdaq Composite <.IXIC> fell 9.80 points, or 0.36 percent, to 2,700.96.

The S&P 500 was still near five-month highs after rising in six of the first seven sessions of the year.

(Reporting by Rodrigo Campos; editing by Jeffrey Benkoe)