More Videos:

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Nov. 8 Premarket Briefing: 10 Things You Should Know

Tickers in this article: BA DIS GRPN LGF PCLN TWTR

NEW YORK ( TheStreet) -- Here are 10 things you should know for Friday, Nov. 8:

1.-- U.S. stock futures were indicating a positive start for Wall Street on Friday ahead of a key U.S. jobs report.

European stocks were trading lower early Friday. Asian shares ended the session with losses. Japan's Nikkei 225 index declined 1% and the Shanghai Composite fell 1.1%. China's communist leaders are meeting this weekend in Beijing where they are expected to lay out their long-term plan for the world's No. 2 economy.

2.-- The  economic calendar  in the U.S. Friday includes the nonfarm payrolls report for October at 8:30 a.m. EST, personal income and personal spending for September at 8:30 a.m., and the Michigan Sentiment Index for November at 9:55 a.m.

3.--U.S. stocks on Thursday fell the most in a month as soft consumer spending growth in the third quarter raised questions about the overall strength of the economic recovery.  

The S&P 500 fell 1.3% to 1,747.19 while the Dow Jones Industrial Average declined 0.97% to close at 15,594.49. The Nasdaq fell 1.9% to close at 3,857.33.

4.-- Twitter shares  began trading Thursday on the New York Stock  Exchange after its initial public offering was priced $26 a share. The stock opened at $45.10 a share, and after closing the day up 73% to $44.90 the social network's total market cap is in excess of $24 billion.

5.-- Media and entertainment giant  Walt Disney  reported fiscal fourth-quarter profit that exceeded analysts' forecasts powered by growth at the company's parks and television networks. 

Net income rose 4% to $1.4 billion, or 77 cents a share, from $1.2 billion, or 68 cents, a year earlier. Analysts were expecting earnings of 76 cents a share. Revenue jumped 7.3% to $11.6 billion, exceeding Wall Street forecasts of $11.4 billion. 

Disney's Media Networks group posted a 1% increase in revenue to $4.9 billion while the Park & Resorts group reported an 8% gain in sales to $3.7 billion. Even Disney's film studios, hit last quarter by the poor box office showing of "The Lone Ranger," grew 7% to $1.5 billion.

6.-- Boeing said it was ready to re-examine alternative sites for its newest jet, the 777X, if assembly workers and local politicians don't ratify plans to build it in the Seattle area, its traditional manufacturing base, Reuters reported.

Boeing issued the warning hours after senior members of the International Association of Machinists union were reported to voice opposition to a proposed labor contract that is due to go to a membership vote next Wednesday, according to Reuters.

7.--Groupon , the daily deals site, narrowed its losses in the third quarter but revenue of $595.1 million trailed Wall Street forecasts.