US equity markets edged higher to log a fresh round of record closing eyes on Thanksgiving eve, buoyed by some upbeat economic data - Dow up +42-points or 0.15% to 28,164. Boeing Co capped gains, losing -1.4% and weighed on the Dow, after the Federal Aviation Administration said it will keep full control over approvals of each new Boeing 737 Max built since the planes were grounded in March, rather than delegating some of the work to Boeing employees. Separately, the Seattle Times reported that the fuselage of a Boeing 777X split open during a stress test in September. The broader S&P500 +0.42% to 3,153.63. The NASDAQ +0.67% to 8,705.18, with all of Apple Inc (up +1.34%), Amazon.com Inc (+1.20%) and Facebook Inc (+1.52%) gaining over >1%. In merger and acquisition (M&A) headlines, Hudson’s Bay Co, the parent company of Saks Fifth Avenue, soared +11.33% after reports Catalyst Capital Group had offered C$11 per share to acquire the company. US equity and bond markets are CLOSED tonight AEST for the Thanksgiving Day holiday.
