Stock market today: Dow hits 8-day winning streak ahead of key inflation report

Xinhua/Wang Ying/ Getty Images

• US stocks were mostly higher on Friday, with the Dow notching its eighth straight winning day. 
• The strong gains in May come ahead of a key CPI report, set to be released on Wednesday.
• Fed speakers throughout the day struck a slightly hawkish tone. 

US stocks traded higher on Friday, securing an eight-day winning streak for the Dow Jones Industrial Average.

The gains came despite hawkish comments from two Federal Reserve officials on Friday.