Nov. 11 Premarket Briefing: 10 Things You Should Know
NEW YORK ( TheStreet) -- Here are 10 things you should know for Monday, Nov. 11
1.-- U.S. stock futures were signaling a flat start to Wall Street on Monday following Friday's report of strong jobs growth in the U.S.
European stocks were rising slightly. Major Asian indices finished with gains on Monday. Japan's Nikkei 225 index rose 1.3%. Stocks in Manila sank after Typhoon Haiyan devastated the eastern Philippines, killing thousands of people. Some estimates put the death toll at as many as 10,000.
2.-- The economic calendar in the U.S. Monday is empty. Stock markets in the U.S. are open but bond markets are closed in observance of Veteran's Day.
3.--U.S. stocks on Friday rose as October's upbeat jobs report bolstered the view that the U.S. economy can expand with benefits to its work force even if the Federal Reserve opts to reduce the size of its stimulus program.
The S&P 500 rose 1.3% on Friday to 1,770.54, while the Dow Jones Industrial Average jumped 1.1% to 15,761.27. The Nasdaq jumped 1.6% to 3,919.23. For the week, the S&P and Dow rose 0.51% and 0.94%, respectively. The Nasdaq lost 0.07% for the five-day trading period.
Two models planned for release in the second half of next year would feature larger displays with glass that curves downward at the edges, the person told Bloomberg. Sensors that can distinguish heavy or light touches on the screen may be incorporated into subsequent models, the person said.
With screens of 4.7 inches and 5.5 inches, the two new models would be Apple's largest iPhones, Bloomberg reported.
6.-- News Corp.
Transocean said Monday it agreed to pay a dividend of $3 a share. Icahn, which owns a stake of 5.6% in Transocean, pressed for a dividend of $4 a share, according to Reuter
The maximum number of directors on the board will be reduced to 11 from 14, Transocean said.