The S&P 500 rose 0.4% to cap its biggest weekly gain since early November 2023 and briefly crossed above the 6,000 level for the first time. The Dow Jones Industrial Average climbed 259 points, or 0.6%, while the Nasdaq composite added 0.1%.

Wall Street’s main indexes were near record highs today, holding on to post-election gains, ahead of the next batch of economic data that could decide whether the equity rally can sustain itself.