US equity markets settled with modest losses, with the Dow and S&P500 logging their first fall in four sessions as investors eyed a fresh coronavirus outbreak in China - Dow down -170-points or -0.65%. Energy majors Exxon Mobil Corp (down -3.26%) and Chevron Corp (-2.65%) were a key drag on the index. The broader S&P500 eased -0.36%. Energy (down -3.28%) led eight of the eleven primary sectors lower. The NASDAQ edged +0.15% higher. Apple Inc (down -0.49%) rose as much as +0.9% to hit a fresh record intra-day high before settling in the red. U.S. Steel Corp (down -10.41%) filed to offer 57.5M shares, including underwriter options, after the closing bell and said it will use the proceeds to "strengthen its balance sheet, increase liquidity and for general corporate purposes." The announcement came after US Steel had earlier forecast a steeper-than-expected second loss, noting that a "significant portion" of its steel-making operations have been idled during the quarter as a result of the COVID-19 pandemic.