US equity markets advanced as oil prices retreated below US$100/barrel for the first time since 1 March, while the latest reading of wholesale inflation printed lighter than expectations - Dow rallied +599-points or +1.82% . The broader S&P500 gained +2.14%, snapping a three day losing streak. Information Technology (up +3.49%) and Consumer Discretionary (+3.39%) both climbed over >3% to lead ten of the eleven primary sectors. Energy (down -3.72%) sat at the foot of the primary of the primary sector leaderboard for a second consecutive session, with Chevron Corp down -5.06% and Exxon Mobil Corp -5.69%. Delta Air Lines Inc (up +8.70%) and Southwest Airlines Co (+4.89%) both raised their first-quarter revenue outlooks overnight, while United Airlines Holdings Inc (+9.19%) said it expects first-quarter total operating revenue to be nearer the top end of previous guidance. The technology-centric Nasdaq rebounded +2.92%, also snapping a three session losing streak and more than recouping the previous session’s -2.06% decline. Microsoft Corp and Netflix Inc each rose +3.8% after some Wall Street analysts reiterated their overweight ratings. Chipmakers also rebounded strongly, with Advanced Micro Devices Inc up +6.92% and Nvidia Corp +7.70%. The small capitalisation Russell 2000 rose +1.4%.