Day traders' after-market lounge October 10

Thanks afternoon crew.

End-of-day summary:

Fresh highs on Wall Street helped the Australian share market draw within 47 points of a record close.

The ASX 200 put on as much as 55 points before trimming its advance to 36 points or 0.43%. Mining, energy and property stocks led the rise, supported by some of the banks. Drags included utilities, telcos and industrials.

The Dow and S&P 500 logged new all-time highs overnight after the minutes from last month's Federal Reserve policy meeting indicated strong support for interest rate cuts. The S&P 500 climbed 0.71% ahead of inflation data tonight and the first trading updates of a new quarterly reporting season.