US equity markets dipped into the red as trade uncertainties lingered - Dow eased -28-points or -0.10%. The broader S&P500 slipped -0.11% and the technology-centric NASDAQ -0.06%. Chevron Corp fell -0.7% in extended trading after the energy major said that it expects to write down as much as US$11B in the fourth quarter, more than half of it from its Appalachia natural gas assets after a slump in prices. Chevron Corp is considering the sale of its shale-gas holdings, along with its Kitimat liquefied natural gas project in Canada, according to its statement. Chevron Corp said it will keep its 2020 capital budget at US$20B, the third consecutive year it hasn’t boosted spending.
