• US equity markets retreated, with the Chief Executive Officers (CEOs) of investment banking giants Goldman Sachs Group Inc (up +0.68%) and Morgan Stanley (+0.22%) cautioning that equity markets could be heading for a drawdown of around 10% to 15% - Dow fell -251-points or -0.53%, with Caterpillar Inc (down -4.03%) and Nvidia Corp (-3.96%) both falling ~4%.
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