US equity markets fell, with investors rattled by President Trump's sudden decision to call off a historic summit with North Korean leader Kim Jong Un scheduled for 12 June, citing Pyongyang’s “open hostility,” and warned that the US military was ready in the event of any reckless acts by North Korea. Overall trading volumes were lighter than average ahead of the US holiday long weekend - Dow down -75-points or -0.30%, with oil and gas heavyweights Exxon Mobil Corp (down -2.3%) and Chevron Corp (-1.6%) respectively. The broader S&P500 -0.20%, with Energy (down -1.6%) and Financials (-0.70%) leading seven of the eleven primary sectors lower. The technology sector NASDAQ dipped just -0.02% as losses in Facebook (down -0.52%) and Intel Corp (-0.83%)offset gains in Netflix Inc (+1.33% and Adobe Systems (+0.51%). PayPal Holdings Inc rose +0.58% after the company raised its three-to-five year outlook at an analyst briefing day. The company now expects adjusted earnings growth of 20% and revenue growth of about 18%
