The benchmark US equity indices logged another round of record closing highs in thin trading ahead of the Thanksgiving Day holiday - Dow up +54-points or +0.19%. Walt Disney Co was among the leading index performers, gaining +1.3% and touching a reached a record high (US$153.41) after a report found that close to a million new subscribers a day are signing up for its newly launched digital streaming service, Disney+, less than two weeks after its initial rollout. The broader S&P500 added +0.22% and the NASDAQ +0.21%. Alibaba Group Holding Ltd (up +2.23%) made a strong debut on the Hong Kong Stock Exchange yesterday (26 November), rising +6.59%. On the merger and acquisition front, Xerox Holdings said it plans to follow through on a threat to take its US$33B bid for HP Inc directly to shareholders unless the two companies are able to agree on due diligence terms.
