Nov. 5 Premarket Briefing: 10 Things You Should Know

NEW YORK (TheStreet) -- Here are 10 things you should know for Tuesday, Nov. 5:

1.-- U.S. stock futures on Tuesday were pointing to losses on Wall Street and following European stocks lower amid tempered forecasts for eurozone growth.

Britain's FTSE 100 declined 0.1% and Germany's DAX fell 0.2% in early trading Tuesday. Asian stocks ended the trading session mixed. Japan's Nikkei 225 index rose 0.2%.

2.-- The economic calendar in the U.S. Tuesday includes the ISM Services index for October at 10 a.m. EST.

3.--U.S. stocks on Monday finished with gains amid higher profit from cereal maker Kellogg (K) and a rally in steel stocks sparked by an upbeat industry report from Goldman Sachs. 

The S&P 500 gained 0.4% to close at 1,767.98 while the Dow Jones Industrial Average added 0.2% to finish regular trading at 15,639.57. The Nasdaq closed 0.4% higher at 3,936.59.

4.-- Twitter lifted the range of its initial public offering to $23 to $25 a share, up from a prior range of $17 to $20 a share, but kept the offering size at 70 million shares.

Twitter, the micro-blogging site, will close its books a day early, signaling strong demand for the most closely watched tech debut since Facebook ( FB) last year, according to a report from Reuters.

Sources told Reuters that demand among institutional investors was so strong that the final pricing is likely to go even higher than the new range announced on Monday. 

5.-- Tesla (TSLA), the maker of the all-electric Model S sedan, is expected by Wall Street on Tuesday to report third-quarter profit of 11 cents a share on revenue of $534.6 million.

The stock jumped 8% on Monday to $13.03 in anticipation of strong Tesla sales.

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