US equity markets settled on a mixed note as the rotation out of technology stocks into value-oriented and small-capitalisation stocks continued for a second session - Dow up +263-points or +0.90% Boeing Co (up +5.2%) and energy heavyweight Exxon Mobil Corp +4.6% and Chevron Corp (+4.62%) were among the strongest performers. The broader S&P500 slipped -0.14%. Information Technology (down -1.94%) and Consumer Discretionary (-1.11%) were the worst performing sectors for a second session in-a-row, while Energy (up +2.52%) was again the leading primary sector performer. Lowes Companies Inc rose +1.5% after the company refuted a Bloomberg report that it was in talks to buy industrial products distributor HD Supply (+0.98%). American Airlines Group Inc pulled back -6.2% after the air carrier said it proposed a public offering of 38.5M shares of common stock to raise ~US$508M. The company plans to use the proceeds from the offering for general corporate purposes and to enhance the company's liquidity position. Carnival Corp fell -13.1% after the cruise operator revealed a proposed stock offering program valued at up to US$1.5B. The filing to sell more shares comes after the stock soared 28.8% on Monday (9 November), and less than two weeks after the completion of its previous US$1B stock offering program. The technology-centric Nasdaq fell -1.32%. Amazon.com Inc fell -3.5% as the company faces antitrust charges from the European Union (EU) over the use of merchant data on its platforms, and the bloc has opened another investigation into the e-commerce company, in the latest move to regulate technology giants in Europe. Google parent Alphabet Inc -1.4% and Microsoft Corp -3.4%. Zoom Video Communications Inc fell -9.01% to be down ~25% over the past two sessions. The small-capitalisation Russell 2000 index closed +1.8% higher, recording its biggest one-day outperformance against the Nasdaq Composite on records dating back to 1986, according to Dow Jones Market Data.