Here's your summary from Major Averages Retreat From Records | Beyond the Bell (https://www.youtube.com/watch?v=eh1nt86q8HU) on the Bloomberg Television channel:
**TLDR:** Equity markets retreated from record highs due to concerns about inflation, with major indices like S&P 500 and Nasdaq dropping. Boeing and Live Nation saw significant declines.
1. Equity markets retreated from record highs due to concerns about inflation, with major indices like S&P 500 and Nasdaq dropping.
2. Boeing shares fell by 7.6% as the company scrapped plans to generate cash and faces challenges with 737 max issues.
3. Live Nation shares dropped by 7.8% as the company faces lawsuits alleging an illegal monopoly in the live events industry.
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