US equity markets retreated to close out a soft week that saw some unwinding of the reflation trade, with investors also eyeing some hawkish comments from St. Louis Federal Reserve President James Bullard - Dow fell -533-points or -1.58% . The broader S&P500 shed -1.31%, with the Energy (down -2.92%), Utilities (-2.63%) and Financials (-2.45%) all falling over >2% and leading all eleven primary sectors lower. ~90% of the S&P500’s constituents settled lower on Friday. Both the Dow and S&P 500 hit their session lows in the final minutes of Friday’s (18 June) trading session and settled around those levels. The Nasdaq -0.92%. Amazon.com Inc’s (down -0.07%) Prime Day two day retail event kicks off tonight AEST., with EMarketer forecasting that total digital sales in the U.S. on Prime Day will jump +17.3% year over year to US$12.18B. The small capitalisation Russell 2000 dropped -2.17%. Last Friday’s (18 June) session also marked "quadruple witching day", the quarterly simultaneous expiration of U.S. options and futures contracts, and saw the largest options expiration in history.