📌 Market Overview | May 14, 2026 Global markets stayed risk-on as the AI-driven rally pushed U.S. equities higher, with the S&P 500 closing above 7,500 for the first time ever. Strong moves in Nvidia, Cisco, and AI/data center stocks, along with heavy interest in the Cerebras IPO, kept tech leading the market. U.S. retail sales rose 0.5% in April, marking a third straight monthly gain and showing the consumer remains resilient despite elevated energy prices. Business inventories also increased, while jobless claims came in at 211K, signaling a still-stable labor market. Inflation pressures remain alive: import prices rose 1.9% and export prices 3.3%, largely driven by fuel and industrial goods. Fed officials continue warning that inflation is still a major risk, even as AI investment and consumer spending support growth. Globally, oil holding above $100, geopolitical hopes around Iran-related diplomacy, and relatively stable risk sentiment supported markets. Meanwhile, the Bank of England signaled inflation concerns, Japan warned about yen weakness fueling inflation, and the UK pound came under pressure from political instability. 📊 Key Market Levels: 🟡 Gold: $4,652 (-0.79%) 📈 Nasdaq: 29,588 (+0.8%) 📈 S&P 500: 7,500 (+0.7%) 📈 Dow Jones: 50,066 (+0.7%) 🛢 WTI Oil: $102.01 (+1.0%) 💵 DXY: 98.87 (+0.43%) ₿ Bitcoin: $81,424 (+2.66%) 📉 US 10Y Yield: 4.48% 🧩 Bottom Line: AI euphoria is keeping risk assets elevated, but inflation, high yields, and geopolitical uncertainty remain real threats. For now, optimism is winning.