NEW YORK (TheStreet) -- Here are 10 things you should know for Friday, Nov. 7:
1. -- U.S. stock futures were trading flat Friday morning, as investors prepared for the premarket release of a U.S. report on nonfarm payrolls. Crude oil futures were slightly higher.
2. -- The economic calendar in the U.S. on Friday includes nonfarm payrolls for October at 8:30 a.m. EST. The report is expected to show the U.S. added 231,000 jobs last month after rising 248,000 in September, according to a Reuters survey of economists. The jobless rate is seen holding steady at 5.9%.
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3. -- U.S. stocks on Thursday closed higher, with the S&P 500 and the Dow Industrials both ending at record highs. Optimism of this morning's jobs numbers, together with some positive comments from European Central Bank President Mario Draghi, fueled investor sentiment in the afternoon. the S&P closed up 0.21%. The Dow closed 0.29% higher and the Nasdaq added 0.13%.
4. -- OPEC indicated Thursday it would likely act to cut back production and boost oil prices if the price fell to $70 a barrel. Oil futures for Brent crude fell to 9 cents $82.86 and West Texas Intermediate fell 77 cents to $77.91. According to officials quoted in the Wall Street Journal, the organization is concerned but not panicking about current oil prices.
5. -- Walt Disney (DIS) , the world's largest entertainment company, reported fourth-quarter earnings expectations roughly in line with expectations and highlighted by the success of its feature film Guardians of the Galaxy. The risky venture, turning a relatively unknown Marvel comics series into a new superhero blockbuster franchise, payed off with $329.4 million in ticket sales.
However revenue from its cable and broadcasting sectors rose to $5.22 billion, up 5% from a year ago but below analysts' estimates. Disney saw profit fall to $1.437 billion at its cable sports outlet, ESPN.
Shares of Disney were down 1.2% in after-hours trading Thursday.
6. -- Hackers stole 53 million email addresses from Home Depot (HD) , as part of an earlier reported break-in. The company reported the breach initially in September. The company said in an announcement on its Web site that the stolen information did not contain passwords, payment card information or other sensitive data, and that it was alerting customers regarding the affected emails.
7. -- Bank of America (BAC) said it is advanced talks with regulators to settle an investigation into its foreign currency practices. The bank said it would set aside an additional $400 million for legal expenses.
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