US equity markets retreated from record highs albeit settled well off their worst levels of the session - Dow fell -89-points or -0.29%, paring an earlier decline of over >300-points. Boeing Co fell -1.48% lower after a 737-500 jet disappeared minutes after taking off from Jakarta, Indonesia’s capital, during heavy rain on Saturday (9 January). The broader S&P500 shed -0.66%, with Consumer Discretionary (down -1.89%), Communication Services (-1.77%) and Real Estate (-1.66%) all down over >1.5% and leading seven of the eleven primary sectors lower. Energy was the best performing primary sector with a +1.62% gain. Tesla Inc fell -7.82% after gaining ~25% last week. However, NIO Inc rallied +6.42% following its annual consumer event on Saturday (9 January) where it launched a new luxury sedan. However, the China-based electric vehicle maker fell over >3% in the extended session it will offer US$1.3B in convertible notes, split into US$650M in notes due 2026 and US$650M due the year after. Net proceeds will go mostly to general corporate purposes and "to further strengthen its cash and balance sheet positions," the China-based electric-car maker said. Gilead Sciences Inc lost -0.84% despite raising sales guidance to reflect revenue from its Covid-19 treatment remdesivir. The technology-centric Nasdaq shed -1.25%. Twitter Inc fell -6.41%, paring an earlier decline of over >12% amid concerns around the company’s engagement in selective censorship that included banning President Trump from the platform. Facebook Inc fell -4.01%. Amazon.com Inc fell -2.15% after Amazon Web Services ended its relationship as the web host for the right-of-centre chat service Parler, effectively blocking the service from the internet. Lululemon Athletica Inc slid -1.04% despite the company saying earnings would grow at the high end of its previous guidance. The small capitalisation Russell 2000 index dipped -0.03%.