(CNBC) The S&P 500 inched higher on Thursday to a record close, but persisting worries around U.S-China trade relations and declines in Cisco Systems and Walmart tempered the excitement around Wall Street.
The broad index closed just 0.1% higher at 3,096.63 as the real estate and material sectors outperformed. The Dow Jones Industrial Average, however, closed marginally lower at 27,781.96 while the Nasdaq Composite dipped 0.04% to 8,479.02.
Cisco Systems dropped 7.3% on disappointing guidance while Walmart dropped 0.3% after hitting an all-time high.
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