Buying party in full swing on Wall St

The buying party continued on Wall Street yesterday, pushing major indexes to all-time highs for the fifth time in as many trading…

The buying party continued on Wall Street yesterday, pushing major indexes to all-time highs for the fifth time in as many trading days.

The Dow Jones industrial average rose 105.56 points - or by 1.1 per cent - to close at 9,643.32, logging its third record in the first week of the year.

Broad indexes lost a little steam in the afternoon and threatened to close lower, then rallied to finish at record highs.

Technology stocks continued to lead the market, but shares from other industries performed well, too.

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Alcoa led the Dow higher after reporting stronger-than-expected fourth-quarter earnings. Other big Dow gainers included AT&T and General Motors.