The Dow Jones Industrial Average achieved an 8-day winning streak, reflecting strong premarket performance and investor optimism. This streak ended on May 13, 2024, as the market braced for the upcoming Consumer Price Index (CPI) report. Meanwhile, the Nasdaq Composite reached a record closing high on May 14, 2024, driven by gains in meme stocks such as $GME and $AMC, and reassurances from Federal Reserve Chairman Jerome Powell. Both indexes' performances highlight the market's anticipation of key inflation data. Stocks like $SPY and $QQQ also notched gains during this period.