US stocks rallied to record levels on Friday after the October jobs report came in better than expected, boosting optimism about the economic recovery. The Dow Jones Industrial Average (+0.6%) rose 203.72 points to 36,327.95. The S&P 500 (+0.4%) gained to 4,697.53 for its seventh straight positive day. The tech-heavy Nasdaq Composite (+0.2%) edged up to 15,971.59. All three major averages reached their respective record closing highs. The VIX Index (+6.74%) rose to 16.48. Treasuries also soared, with the 10-year yield dropping to 1.45%.