The S&P 500 closed nearly 1% higher, driven by Meta's VR headset announcement. Match Group surged 10.2% with plans for a gay dating app, while Dollar General plummeted over 19% due to disappointing forecasts. Microsoft's partnership with Coreweave boosted Nvidia shares by 5%. The Senate voted against Biden's student-debt forgiveness proposal, but the veto is expected. Apple's expansion plans pushed its stock to a new high above $180. In economic news, the ISM Manufacturing PMI for May indicated a contraction in the manufacturing economy. Initial jobless claims came in slightly lower than expected, while continuing claims remained steady. Philadelphia Fed President Patrick Harker reiterated his stance on keeping rates unchanged during the June meeting, with the futures market predicting an 80% chance of no change.