"Wall St Rises Despite Weekly Dow and S&P 500 Decline on Inflation Concerns"

U.S. stocks rebounded on Friday, with the Nasdaq achieving a record closing high and a fifth straight week of gains, driven by improved consumer inflation expectations and strong durable goods orders. Despite this, the Dow Jones ended its five-week winning streak, dropping 2.34% for the week. Trading volumes were low ahead of the Memorial Day holiday, and market sentiment was influenced by mixed economic data and expectations for Federal Reserve rate cuts.