MARKET REPORT - NEW YORK

TECHNOLOGY shares roared back yesterday after two sessions of profit taking, putting November's record breaking Wall Street rally…

TECHNOLOGY shares roared back yesterday after two sessions of profit taking, putting November's record breaking Wall Street rally back on track after a one day pause.

The Dow Jones industrial average rose 53.29 points to close at 6,471.76 - its 10th record close in 13 sessions.

Broader measures also rallied to new highs. The technology rich Nasdaq composite index rose by more than 1%, setting a new high for the first time in a week.

Advances outnumbered declines by an 11-to-7 margin on the New York Stock Exchange, with 1,535 up, 976 down and 817 unchanged.

New York Stock Exchange volume totalled 525.21 million shares, against 464.43 million in the previous session.

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