Wall Street rally extends, Dow Jones closes at record high

NEW YORK, New York - Wall Street extended its recent rally on Monday with the Dow Jones index topping 38,000 for the first time to close at a record high.

The Standard and Poor's 500 too touched another all-time record.

"It's almost like a fear of missing out," Brian Price, head of investment management at Commonwealth Financial told CNBC Monday. "We had a little bit of volatility to start the year as inves