For reasonable spaces $X$, the Dold-Thom Theorem states that $\pi_i(SP(X)) \cong \tilde{H}_i(X)$ where $SP(X) = \bigsqcup_i \mathrm{Sym}^i(X)$. There is a purely algebro-geometric realization of this Theorem, as explain here. I have two (unrelated) questions here:
Is the Dold-Thom theorem true if we take the homotopy quotient for $\mathrm{Sym}^i(X) = X^i//S_n$ (or equivalently treat it as a stack)?
To what extent can we use the Dold-Thom theorem as a definition of cohomology? For instance, can one directly prove something like the (Grothendieck) Lefschetz trace formula with respect to $\pi_i(SP(X))$? Or how about the rationality of the zeta function for varieties over a finite field?
The reason I am interested in this is that I would like to define a new cohomology theory where I believe I have the analog of $\mathrm{Sym}^n(X)$ and use a Dold-Thom theorem like statement to define my cohomology theories. If this is to be useful, one must be able to prove things about cohomology in terms of the homotopy theory interpretation...