More positive news on the coronavirus front lifted US equity markets to fresh records - Dow rallied +471-points or +1.6% to 29,950.44, logging both record intra-day (29,559.25) and closing highs. Boeing Co (up +8.17%) and Chevron Corp (+7.14%) were the leading index performers. It was the first all-time high for the Dow since February and the latest climb marked the fastest rebound from a bear-market low for the benchmark in about three decades, according to Dow Jones Market Data. The Dow closed above its 12 February closing high of 29,551.51 and at 193 trading days, it is the fastest bounce-back from a fall of at least 20% from a recent peak - a widely accepted definition of a bear market - since April 17, 1991. The broader S&P500 +1.16% to 3,6262.91 and a fresh record closing high. Energy (up +6.5%) was comfortably the strongest sector, leading nine of the eleven primary sectors higher. Healthcare (down -0.19%) was the only primary sector to close in the red. Costco Wholesale Corp rose +1.61% in the extended session after the company declared a US$10 per share special dividend. The technology-centric Nasdaq rose +0.80%. Thus far, the Dow has climbed +60.5% since its 23 March bear-market nadir, the S&P 500 index has gained nearly +62%, while the Nasdaq Composite has soared over >73% over the same period. The small capitalisation Russell 2000 index continued to outperform with a +2.37% rally and fresh record closing high (1,785.34). It was the first time that the Dow, S&P 500 and Russell 2000 each set new closing records on the same day since 22 January, 2018, according to Dow Jones Market Data. In merger and acquisition (M&A) news, Home Depot Inc said that it has agreed to acquire the remaining shares of HD Supply Holdings Inc - a distributor of maintenance, repair and operations (MRO) products for the multi-family and hospitality markets - at US$56 per share, in a deal valued at about US$8B.