Morning Briefing: 10 Things You Should Know

NEW YORK ( TheStreet) -- U.S. stock futures were suggesting Wall Street would open flat to lower on Friday ahead of the U.S. jobs report, the last data investors will get on employment in the U.S. before the presidential elections next Tuesday.

European shares were moving lower Friday while Asian stocks ended the session with gains. Japan's Nikkei 225 index rose 1.2% to close at 9,051.22.

The economic calendar in the U.S. Friday includes the Labor Department's October employment report at 8:30 a.m. EDT. The consensus is for nonfarm payrolls to rise by 125,000, according to, with the unemployment rate ticking up to 7.9%.

Factory orders will be released at 10 a.m.; the consensus calls for an increase of 4.5% in October.

U.S. stocks on Thursday finished with solid gains as a batch of positive economic data helped get November's trading off to a strong start.

The Dow Jones Industrial Average gained a little more than 136 points, or 1.04%, to close at 13,232.

The U.S. death toll from superstorm Sandy rose to 98 on Thursday, according to a Reuters report. In New York City, 40 died. At least 13 people died in New Jersey, where the shore took the brunt of the storm.

A estimate from Eqecat puts insured losses from Sandy at $20 billion and economic losses at $50 billion, roughly double Eqecat's previous forecast.

Chevron ( CVX) is expected by analysts Friday to report third-quarter profit of $2.83 a share on revenue of $64.1 billion in the September-ended period.

Other companies slated to post numbers on Friday include Berkshire Hathaway ( BRK.B), Cooper Tire & Rubber ( CTB), Dendreon ( DNDN), Gartner ( IT), Harman International ( HAR), Hunt Corp. ( HUN), Madison Square Garden ( MSG), Progressive Corp. ( PGR), Sealed Air ( SEE), Warner Chilcott ( WCRX), Washington Post ( WPO).

Starbucks ( SBUX), the coffee giant, on Thursday beat Wall Street's earnings view by a penny, hiked its fiscal 2013 forecast, outlined ambitious growth plans and lifted its quarterly dividend by more than 20%.

Insurance giant AIG ( AIG) posted third-quarter earnings of $1.86 billion, or $1.13 a share, in the September-ended quarter on Thursday. A year earlier, AIG reported a loss of $4 billion.

Operating income in the latest quarter was $1 a share; analysts expected 87 cents.

LinkedIn ( LNKD) posted third-quarter adjusted earnings on Thursday that topped forecasts as revenue jumped 81%.

-- Written by Joseph Woelfel

>To contact the writer of this article, click here: Joseph Woelfel

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-- Written by Joseph Woelfel

>To contact the writer of this article, click here: Joseph Woelfel

>To submit a news tip, send an email to:

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