US equity markets - Dow fell -330-points or 0.86%. Salesforce Inc slumped over >19.74% in extended trading after the cloud client relationship management software group provided weaker-than-expected fiscal second quarter and full year guidance after the close of the previous session. Technology giants Microsoft Corp (down -3.38%) and Amazon.com Inc (-1.48%) were weaker amid a broader sell-off for the sector. Verizon Communications Inc rose +3.15% after being awarded a 10-year U.S. Navy contract valued at more than >US$2.6B.
The broader S&P500 lost -0.60%, with the losses concentrated in the Information Technology sector (down -2.45%). Nine of the elven primary sectors advanced, with Real Estate (up +1.51%) and Utilities (+1.41%) rising over >1%.