US equity markets retreated, losing steam in the final half-hour of trading ahead of tonight’s AEST May inflation data - Dow fell -153-points or -0.44% . The broader S&P500 slipped 0.18% to 4,219.55, having surpassed its 7 May record closing high (4,232.60) earlier in the session and touching an intra-day peak of 4,237.09. Financials (down -1.06%) and Industrials (-1.03%) led seven of the eleven primary sectors lower. Healthcare (up +1.00%) and Utilities (+0.85%) sat atop the primary sector leaderboard. Target Corp fell -1.34% despite it would raise its quarterly dividend by +32.4% to US$0.90c per share from US$0.68c and reported traffic growth of 4.8% over the past 13 quarters. The Nasdaq dipped -0.09% to 13,911, booking its first loss in four sessions after touching an intra-session peak of 14,003.50. The small capitalisation Russell 2000 fell -0.71%.