This week, the stock market experienced a record-breaking rally, particularly driven by encouraging inflation data that boosted optimism for potential rate cuts by the Federal Reserve. The Dow Jones surged to a record high, closing up over 400 points at one point, marking its third consecutive weekly gain. While the Dow and Small Caps performed well, the Nasdaq and S&P 500 ended mixed, with technology stocks dragging down performances. Investors are closely monitoring upcoming economic data as they weigh the implications of Fed policy changes. Overall, the market sentiment remains positive with hopes of a soft landing amidst falling bond yields and a supportive economic backdrop.