U.S. stocks traded mixed at the start of Thursday's trade as investors monitored the state of talks between Democrats and Republicans over a coronavirus relief package, while jobless claims showed a larger drop than expected. The S&P 500 /zigman2/quotes/210599714/realtime SPX +0.68% fell 0.2% to 3,373. The Nasdaq Composite /zigman2/quotes/210598365/realtime COMP +1.21% rose 0.3% to 11,050. The Dow Jones Industrial Average slipped 81 points, or 0.3%, to 27,895. Initial claims for unemployment benefits showed marked improvement in the most recent week, falling to 963,000. Shares of Lyft Inc. /zigman2/quotes/208999293/composite LYFT -2.44% fell 5.4% after the ride-sharing company late Wednesday said riders and revenue fell by more than half in the second quarter.