Technology stocks weighed on US equity markets - Dow down -97-points or -0.29% after trading in positive territory for much of the session. The broader S&P500 settled -0.53% lower, with Consumer Discretionary (-2.29%) and Information Technology (-1.24%) leading four of the eleven primary sectors lower. More defensive sectors outperformed overnight, with Utilities (up +1.72%) and Real Estate (+1.10%) both gaining over >1%. The Nasdaq fell -1.56%. Apple Inc (down -0.20%) holds its annual shareholder meeting tonight AEST (2 March). The small capitalisation Russell 2000 lost -1.39%.
