Can Spotlight display Instagram Stories?

Yes, Spotlight’s premium version includes an option to add Instagram stories to your feed's header.

They work the same way as they would on Instagram. A red circle appears around the profile photo in your feed's header when a live story is available. When someone clicks on the profile photo, the story appears in a popup modal over the screen, again, just as it would on Instagram.

There is no layout specific to stories only currently available in Spotlight.