US equity markets retreated from record highs although all three major indices touched fresh record intra-day highs - Dow fell -105-points or -0.35%, unwinding an earlier rally of over >100-points and after touching a fresh intra-day record high of 30,319.70. Apple Inc and Salesforce.Com Inc were among the worst performing Dow constituents, down -2.09% and -3.20% respectively. The broader S&P500 lost -0.79% after touching a record intra-day peak of 3,712.39, with Information Technology (down -1.88%) leading eight of the eleven primary sectors lower. Home improvement chain Lowe’s Cos Inc jumped +5.88% after announcing a new US$15B share purchase plan. Energy once again outperformed with a +0.32% gain. Drugmaker Eli Lilly climbed +5.83% after flagging positive data from a late-stage clinical trial for its experimental drug designed to treat type 2 diabetes. Starbucks Corp rose ~4% in the extended session after the retailer reiterated its guidance for next year and said that it is counting on a "significant rebound" for 2021. The technology-centric Nasdaq dropped -1.95%, logging its worst single session in six weeks after touching a fresh record intra-day high of 12,607.14. Facebook Inc declined -1.93% after the Federal Trade Commission, along with several states, filed lawsuits that could force the social media giant to divest Instagram and WhatsApp. Google-parent Alphabet Inc lost -1.89%. The small capitalisation Russell 2000 fell -0.82%.