US equity markets logged their first declines in six sessions, pulling back from record highs as investors awaited quarterly earnings releases from several megacap technology stocks after the closing bell - Dow lost -86-points or -0.24%, paring an earlier decline of as much as -266-points. The broader S&P500 fell -0.47%, with Consumer Discretionary (down -1.16%), Communication Services (-1.06%), Energy (-1.01%) and Information Technology (-1.01%) all falling over >1%. The S&P500 recovered from an earlier decline of as much as -1.1%. The technology-centric Nasdaq lost -1.20%, its worst single session fall in two-and-a-half months as worries about a regulatory clampdown by Beijing weighed on sentiment. The small capitalisation Russell 2000 shed -1.13%.
US equity markets logged their first declines in six sessions, pulling back from record highs as investors awaited quarterly earnings releases from several megacap technology stocks after the closing bell - Dow lost -86-points or -0.24%, paring an earlier decline of as much as -266-points. The broader S&P500 fell -0.47%, with Consumer Discretionary (down -1.16%), Communication Services (-1.06%), Energy (-1.01%) and Information Technology (-1.01%) all falling over >1%. The S&P500 recovered from an earlier decline of as much as -1.1%. The technology-centric Nasdaq lost -1.20%, its worst single session fall in two-and-a-half months as worries about a regulatory clampdown by Beijing weighed on sentiment. The small capitalisation Russell 2000 shed -1.13%.
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