Record Close For Markets As Sales Rise At Discount Retailers

The markets surged higher with the Dow setting a record close as discount retailers Target and Wal-Mart reported higher same store sales. The blue chip index jumped 284 points to 13,862 while Nasdaq leaped 50 points to 2702. S&P 500 soared 29 points to close at a record 1548. The 30-year bond eased as the yield edged up to 5.211%.