US equities retreated from record highs as a The Wall Street Journal report on OpenAI missing internal targets weighed on sentiment. The Nasdaq Composite fell about 0.9%, the S&P 500 dropped 0.5%, and the Dow Jones Industrial Average edged lower. Shares of partners including Oracle declined. Oil surged, with Brent near $104 and WTI around $100, after the OPEC exit by the United Arab Emirates. Investors also await earnings from megacaps and the Federal Reserve policy decision.