US equity markets posted modest gains, with both the S&P500 and Nasdaq edging their way to fresh record closing highs - Dow flat 29,276.34, paring an earlier +138-point climb. The broader S&P500 inched +0.17% higher (to 3,357.75). NASDAQ +0.11% (to 9,638.94). All three key indices touched fresh record intra-day highs earlier in the session. In merger and acquisition (M&A) developments, a US district judge approved a US$26B merger between T-Mobile US Inc (up +11.78%)and Sprint Corp (+77.50%).
