US equity markets tallied a second consecutive session of gains albeit settled well off their session highs as investors digested the latest monthly inflation report and eyed key central bank meetings later in the week - Dow added +104-points or +0.30%, paring an earlier rally of over >700-points. Chevron Corp (up +2.23%) was the leading Dow performer. Boeing Co added +0.46% after United Airlines Holdings Inc (down -6.94%) announced it had agreed to buy 100 787 Dreamliner planes, with the option to purchase 100 more, and also committing to buying 100 737 Max jets. Boeing said the order was the largest 787 Dreamliner order in the company’s history. The broader S&P500 rose +0.73%, having climbed as much as +2.77% earlier in the session. Real Estate (up +2.04%) lead ten of the eleven primary sectors higher, with Consumer Staples (down -0.17%) the only primary sector to settle in the red. Tesla Inc (down -4.09%) continued to slide, logging its sixth session decline in the past seven The Nasdaq gained +1.01%, settling well off session highs that the saw the technology-centric index up as much as +3.84% earlier in the session. The small capitalisation Russell 2000 advanced +0.97%.
