Stocks ended sharply higher Friday, with the S&P 500 and Nasdaq Composite indexes surging to fresh records, and the Dow eyeing one of its own, after the Labor Department estimated the U.S. economy added 128,000 new jobs in October and upwardly revised its estimate of employment growth in September and August.

The stock market rally came despite indications the U.S. manufacturing sector was still contracting in October, though slightly less fast than in the previous month.

The Dow Jones Industrial Average rose 301.13 points, or 1.1%, to 27,347.36. The S&P 500 index touched a fresh high after gaining 29.35 points, or 1%, to 3,066.91. The Nasdaq Composite index jumped 94.04 points, or 1.1%, at 8,386.40.

Source : Marketwatch