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.
5.-- Media and entertainment giant Walt Disney ( DIS) 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.