NEW YORK (TheStreet) -- Stock futures were little changed Friday morning after the U.S. added jobs in October. It's the last jobs report ahead of Tuesday's presidential election.
Nonfarm payrolls in October rose 171,000 as the unemployment rate ticked slightly higher to 7.9%, from the prior month's 7.8%. The unemployment rate was in line with expectations, according to Briefing.com, but above the forecast for 125,000 new jobs.
Investors also anticipated September factory orders to rise some 4.5%, which would be a noted turnaround from the 5.2% August decline that resulted from a large drop in aircraft orders.Chevron (CVX) posted third-quarter earnings Friday of $2.69 a share; analysts expected a profit of $2.83 a share. The FTSE 100 in London was dipping 0.14%, while the DAX in Germany was adding 0.14%. Asian markets posted gains Friday after the Bank of Japan left interest rates unchanged at zero to 0.1%. Japan's Nikkei average rose 1.17% overnight to close at 9051. Hong Kong's Hang Seng rose 1.33% to 22,111. Gold for December delivery was dropping $13.60 to $1,701.90 an ounce at the Comex division of the New York Mercantile Exchange, while December crude oil contracts were shedding 68 cents to $86.41 a barrel. The benchmark 10-year Treasury was sinking 11/32, boosting the yield to 1.767%. The dollar was up 0.32%, according to the U.S. dollar index. Coffee giant Starbucks (SBUX) reported earnings Thursday after the closing bell and the company beat analysts' expectations by a penny and hiked its fiscal 2013 forecast on ambitious growth plans. The company lifted its quarterly dividend by more than 20%. Starbucks CEO Howard Schultz announced his endorsement for President Barack Obama in the U.S. presidential race, as he said the president had shown significant leadership deserving of re-election. Insurance giant AIG (AIG) posted third-quarter earnings on Thursday of $1.86 billion, or $1.13 a share, for the September-ended quarter. AIG reported a year-ago loss of $4 billion. The company's operating income came in at $1, which was above analysts' expectations of 87 cents.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV