Stocks Surge to New Highs as Dow Tops 38,000, S&P 500 Enters Bull Market
- Dow closes above 38,000 for the first time ever
- S&P 500 also reaches a record high of 4,850.43
- Dow year-end price targets range from 34,000 to 45,000
- S&P 500 entered a bull market, rallying over 20% off lows
- Macy's rejected a $5.8 billion bid to go private