Here are 10 things you should know for Friday, Dec. 4:

1. -- U.S. stock futures were pointing to a Wall Street rebound on Friday after the previous session saw the biggest selloff of equities in more than two months.

Investors on Friday were awaiting U.S. jobs data that could influence whether the Federal Reserve hikes interest rates when it meets in less than two weeks.

European stocks were in negative territory Friday, with investors still showing their disappointment with the less aggressive than expected cut in European Central Bank interest rates.

Asian shares ended Friday's session sharply lower.

2. -- The economic calendar in the U.S. on Friday includes the U.S. Nonfarm Payrolls Report for November at 8:30 a.m. EST, and the Trade Balance for October at 8:30 a.m.

Economists surveyed by Reuters forecast nonfarm payrolls to rise 200,000 in November, adding to the 271,000 jobs created in October.

The unemployment rate is expected to hold at a 7-1/2-year low of 5%.

3. -- U.S. stocks on Thursday closed with their worst losses since late September and the S&P 500 turned negative for the year after the ECB's modest action on rates. The S&P 500 closed down 1.5%, the Dow Jones Industrial Average slid 1.4%, and the Nasdaq fell 1.7%.

4. -- Activist investor Starboard Value on Thursday renewed its push for Yahoo! (YHOO)  to abandon its plans to spin off its stake in Chinese e-commerce giant Alibaba (BABA - Get Report)  and instead sell its core business "at the highest price possible," Reuters reported.

The pressure from Starboard came as Yahoo!'s board, in meetings that began Wednesday, was reportedly weighing a number of options for the Internet company. That includes selling the core business, a source told Reuters, encompassing features like Mail, its news site and other Web services.

The Wall Street Journal reported that Alibaba, which was seen as a potential buyer, was unlikely to be interested in the troubled business.

5. -- Avon Products (AVP - Get Report) is close to selling part of its business to a private-equity firm just as an activist investor is readying its own campaign to turn around the beauty-products seller, the Journal reported.

Avon is in advanced talks to sell its North American business to Cerberus Capital Management, the Journal reported, citing people familiar with the matter. As part of the deal, Cerberus would make a minority investment in Avon that would strengthen the company's balance sheet, the people said. Cerberus would become Avon's biggest shareholder and might get board seats, the people told the Journal.

Meanwhile, an activist group including Barington Capital Group has built a stake of about 3% in Avon and Thursday launched a public campaign to turn the company around.

6. -- Uber is close to completing the raising of a $2.1 billion round of venture capital, The New York Times reported, the company's single largest round to date.

Once completed, the investment will value the company at $62.5 billion, according to three people briefed on the plans, securing Uber's place as the world's most valuable private start-up.

7. -- Univision Communications will postpone its initial public offering until at least next year, the Journal reported.

Univision, which owns the country's dominant Spanish-language broadcaster, postponed plans for the IPO because of the lackluster recent performance of media-company stocks and a sluggish market for first-time share sales.

A source told the Journal the offering could take place in 2016.

8. -- Volkswagen's (VLKAF)  car sales in Britain dropped by almost 20% in November from a year earlier as the company's emissions testing scandal began to take a toll.

The Society of Motor Manufacturers and Traders said there were 12,958 Volkswagen registrations last month in the U.K., compared to 16,196 in November 2014, The Associated Press reported.

VW's market share in the U.K. dropped to 7.2% from 9.4% a year earlier.

9. -- Gap's (GPS - Get Report) same-store sales in November tumbled a worse-than-expected 8%.

Analysts were expexting a decline of 6.3%.

Gap said sales in November at established stores fell 4% at its namesake stores, 19% at its Banana Republic chain and 9% at Old Navy locations.

For the four weeks ended Nov. 28, total sales fell to $1.57 billion from $1.72 billion. On a constant-currency basis, sales fell 8%.

10. -- Earnings are expected Friday from Big Lots (BIG - Get Report) and Hovnanian Enterprises (HOV - Get Report) .

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