Wall Street slightly lower

Stocks traded slightly lower on Thursday as the S&P 500 traded just below a record high and traders digested better-than-expected unemployment data, CNBC reports.

The S&P 500 dipped by 0.2 percent. The Dow Jones Industrial Average was down by 75 points, or 0.3 percent. The Nasdaq Composite outperformed, rising by 0.3 percent.

Cisco Systems dropped by  more than 10 percent on the back of disappointing earnings guidance to lead the Dow lower. Stocks of companies that would benefit from the economy reopening struggled as well. Gap dipped by 2.4 percent. American Airlines and Southwest slid by 1.3 percent.

Meanwhile, shares of Apple gained by 1 percent.. Facebook and Amazon were also higher.