US equity markets were little changed, after Federal Reserve Chairman Jerome Powell said he won’t rule out back-to-back rate increases, in a meeting with other global central bankers - Dow shed -72-points or -0.2%. The broader S&P500 edged -0.04% lower. Energy (+1.02%) and Communications Services (0.80%) leading four of eleven sectors in the green. Apple shares added +0.6% to record highs, edging its way to a US$3 trillion valuation, whilst Google parent Alphabet rose +1.74%. The Nasdaq gained +0.03%, on track for its best start to a year in 40 years. Shares of NVIDIA ended -1.81% down after reports of a potential new export restrictions on sales to China. Tesla shares jumped +2.4%, ahead of the company’s second-quarter deliveries expected this week. Netflix gained +3.06% after broker upgrades. The small capitalisation Russell 2000 was up +0.47%.
