Portfolio managers also turned to oil issues, which have generally lagged behind the overall stock market.
Drug, health care and oil issues were strong.
Utilities mostly held their ground, as did major oil issues.
He said that aside from a show of strength in oil issues, group activity remained uninspiring.
The stock market fell again yesterday, with much of the decline coming in oil issues.
The oil issue has been discussed here many times.
Together, the three oil issues accounted for a 7 1/2-point drag on the Dow average.
Wall Street's rally kept rolling as secondary stocks and oil issues provided much of the excitement.
The Dow's three oil issues were among the four biggest losers in the blue-chip average.
The sharp climb in oil issues has served to dim their attraction somewhat.