US STOCKS-Wall St set to slip from all-time highs after strong run; Twitter slumps

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* Twitter slumps after Trump's account suspension
* Boeing falls after 737-500 jet crash
* Eli Lilly jumps on upbeat data from an Alzheimer's drug
trial
* Futures down: Dow 0.91%, S&P 0.84%, Nasdaq 0.88%

(Adds comment, details; updates prices)
By Medha Singh and Devik Jain
Jan 11 (Reuters) - Wall Street's main indexes were to set to
slip from record levels on Monday as investors locked in gains
after a stellar vaccine and stimulus-fueled rally, while Twitter
shares slumped following permanent suspension of President
Donald Trump's account.
The micro-blogging site's TWTR.N shares TWTR.N slumped
7% premarket and were on course to knock off about $2.5 billion
from the company's market value. Bets on a rebound in business activity in 2021 fueled by
COVID-19 vaccine rollouts, larger checks and infrastructure
spending under President-elect Joe Biden have underpinned Wall
Street's rise to recent peaks, with focus shifting to
economy-linked stocks from the tech-heavy growth names.
"After a very quick run, people start to get a little bit
nervous and take money off the table," said Robert Pavlik,
senior portfolio manager at Dakota Wealth in Fairfield,
Connecticut.
Global infections surpassed 90 million and several health
experts said the rollout of vaccines in many countries will not
provide herd immunity from the pandemic this year, citing
limited access for poor countries, community trust problems and
potential virus mutations. "The market hasn't been overly concerned because sooner or
later (the pandemic) is going to be eradicated," Pavlik added.
After official data pointed to a significant slowdown in
labor market recovery on Friday, investors will focus on
inflation, retail sales and consumer sentiment indicators this
week to gauge the extent of economic damage.
Fourth-quarter results from JP Morgan JPM.N , Citi C.N
and Wells Fargo WFC.N on Friday will kick-off the earnings
season, which could offer more clues on if company executives
reflect the enthusiasm of a rebound in 2021 earnings and the
economy. At 08:42 a.m. ET, Dow E-minis 1YMcv1 were down 283 points,
or 0.91% and S&P 500 E-minis EScv1 were down 32.25 points, or
0.84%. Nasdaq 100 E-minis NQcv1 were down 114.75 points, or
0.88%.
Later in the day, U.S. House of Representatives Democrats
plan a vote to urge Vice President Mike Pence to take steps to
remove President Donald Trump from office after his supporters'
deadly storming of the Capitol, before attempting to impeach him
again. "If they invoke the 25th Amendment and Pence pushes Trump
out, then it's a problem," Pavlik added.
"It's going to be the first time that they've ever pushed
out a sitting president and that creates uncertainty and
volatility in the market because people are worried about what
it means for the country because the country is still so
divided."
Boeing Co BA.N fell 3.6% after a 737-500 jet operated by
Indonesian Sriwijaya Air crashed on Saturday, with 62 people on
board. Eli Lilly and Co LLY.N jumped 14% after a trial of its
experimental Alzheimer's drug donanemab showed clinical decline
in a combined measure of cognition and function in early-stage
victims of the disease. U.S.-listed shares of Baidu Inc BIDU.O rose 1.2% after the
Chinese search engine giant said it will set up a company to
partner with carmaker Zhejiang Geely Holding Group to make smart
electric vehicles (EV).