US equity markets took a breather after a strong recent rebound, although technology stocks continued to power ahead - Dow fell 300-points or -1.09%, snapping a six session winning streak (the longest since the eight-session stretch ended 13 September, 2019). Boeing Co fell -6% after the company reported 737 MAX jet cancellations exceeded orders in May, though the company found a bright spot with fresh deals for cargo planes. Microsoft Corporation rose +0.8% to log its first record high (US$189.80) since 10 February. The broader S&P500 lost -0.78%, with Energy (down -3.59%) leading nine of the eleven primary sectors lower. Information Technology (up +0.48%) and Communications Services (+0.18%) were the only primary sectors to advance. Some of the recent outperformers in the Travel and Leisure sector saw some profit taking, with United Airlines Holdings Inc down -8.32% and Delta Air Lines -7.57%. Cruise lines Carnival Corp and Royal Carribbean Cruises Ltd fell -7.51% and -6.94% respectively. The technology-centric NASDAQ added +0.29% to settle at a fresh record closing high (9,953.75) after briefly climbing above >10,000 and touching a record intra-day high (10,002.50). The Nasdaq-100 index, representing the largest companies within the Nasdaq Composite by market value, gained +0.7%. Apple Inc rallied +3.16% and touched an intra-day all-time high (US$345.61), buoyed a research report from Evercore ISI that observed that the company’s ability to design processors in house is “underappreciated”. The research note comes after Bloomberg reported that Apple could announce a plan to put its own chips in Macs as soon as next week’s WWDC developer event. Amazon.com Inc (up +3.04%) also touched an intra-day record high (US$2,626.43) and saw its market capitalisation climb above >US$1.3 trillion. Google-parent Alphabet Inc (Class A) rose +0.28% and sits ~US$6B shy of re-joining the US trillion dollar market capitalisation club. Online used car seller Vroom Inc made a strong debut as a listed company, soaring +118%. Separately, commercial credit data and analytics company Dun & Bradstreet Holdings Inc said it hopes to raise up to $1 billion in an initial public offering, according to a Securities and Exchange Commission filing released earlier this morning AEST.