 A record day on Wall Street, the Dow adding more than 740 points, closing at 40,954. It's the best day since last June. Market analyst Art Hogan. We're seeing inflation heading in the right direction. I think that's a positive. We had a great first quarter earnings reporting season. We're just at the cusp of the second quarter earnings reporting season, and it's starting to look pretty robust. That plus inflation cooling last month is now boosting optimism ahead of the Federal Reserve's next meeting later this month.