MARKET REPORT - NEW YORK

US stocks ended a technically-driven session in record high territory yesterday, but only after the Dow Jones industrials cut…

US stocks ended a technically-driven session in record high territory yesterday, but only after the Dow Jones industrials cut their early gains by two-thirds late in the session.

On Wall Street, the Dow ended up 19.45 points at 7,796.51, after giving up a gain of 57 points.

Declining issues outnumbered advancers by 4 to 3 on the New York Stock Exchange, with 1,491 down, 1,141 up and 778 unchanged.

NYSE volume totalled 652.73 million shares, against 536.90 million in the previous session.

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The Nasdaq composite index rose 0.46 to 1,447.60, but the American Stock Exchange composite index fell 5.03 to 623.27.