NEW YORK (AP) — Wall Street is rallying following signals the U.S. economy is holding up better than expected. The S&P 500 climbed 1.6% in afternoon trading Thursday and was on track for a sixth straight gain following a scary few weeks. The Dow Jones Industrial Average jumped 532 points, and the Nasdaq composite rose 2.3%. Treasury yields leaped in the bond market following the data showing U.S. shoppers increased their spending last month and fewer workers applied for unemployment benefits. Walmart added to the optimism after raising its sales forecast for the year. Wall Street still expects the Federal Reserve to cut interest rates next month.