U.S. stocks rose to fresh highs Friday and posted weekly gains after Labor Department data showed job growth rebounded in October following a summer slowdown.
Stocks have climbed to a series of records in recent weeks, bolstered by solid economic data and earnings reports from the biggest U.S. companies. About 82% of S&P 500 companies that have reported results this earnings season have topped analysts’ earnings forecasts, according to FactSet data.
