The S&P 500 rose 0.5% to a new closing high of 6,118.71 points, closing at record levels for the first time since Dec. 6. The Dow Jones Industrial Average and Nasdaq Composite rose 0.9% and 0.2%, respectively, to rise less than 1% from their new closing highs. Major stock indices closed near the day's highs as the late session spiked.

