US equity markets retreated ahead of the Labor Day long weekend, with the sell off in the technology sector deepening - Dow fell -159-points or -0.56%, paring an earlier decline of as much as -628-points. Boeing Co rose +1.35%, while bank stocks also gained broadly (with JPMorgan Chase & Co up +2.16 and Goldman Sachs Group Inc +1.63%) The broader S&P500 shed -0.81%, with the Information Technology (down -1.3%), Consumer Discretionary (-3.6%) and Communication Services (-3.3%) sectors under pressure for a second straight session. The technology-centric NASDAQ -1.27%, logging its steepest two session drop since 17 March. Facebook Inc (-2.88%), Amazon.com Inc (-2.18%) and Alphabet Inc (-3.09%) all lost more than >2%. Netflix Inc slid -1.84% and Microsoft Corp dropped -1.4%. However, Apple Inc settled +0.1% higher, recovering from an earlier drop of as much as -8.3%.
