Stock Market News: Alphabet inches closer to $4T, consumer spending rises in Midwest

Key Points
- S&P 500, Nasdaq, Dow, and Russell 2000 all closed higher despite Nvidia’s dip.
- Alphabet stock surged, nearing $4 trillion market cap.
- Midwest led in year-over-year spending growth.
This is the market report as of 4 pm ET on
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