Updated from 5:59 a.m. EST
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Here are five things you must know for Friday, Feb. 3:
1. -- U.S. stock futures and European shares were higher, led by bank stocks, following a report that Donald Trump will sign an executive order that will roll back some of the financial sector regulations put in place following the global crisis in 2008.
The U.S. president on Friday plans to sign an executive action to scale back the 2010 Dodd-Frank financial-overhaul law, The Wall Street Journal reported.
"Americans are going to have better choices and Americans are going to have better products because we're not going to burden the banks with literally hundreds of billions of dollars of regulatory costs every year," White House National Economic Council Director Gary Cohn said in an interview with the Journal. "The banks are going to be able to price product more efficiently and more effectively to consumers."
Global investors also were readying on Friday for the release of the U.S. jobs report for January, the first jobs report of the Trump era. The U.S. Nonfarm Payrolls Report will be released at 8:30 a.m. EST. Economists surveyed by FactSet expect the U.S. to have added 175,000 jobs in January, with the unemployment rate holding steady at 4.7%.
The economic calendar in the U.S. on Friday also includes Factory Orders for December at 10 a.m., the ISM Non-Manufacturing Index for January at 10 a.m., and the weekly Baker Hughes Rig Count at 1 p.m.
Amazon said after the closing bell on Thursday that revenue jumped 22% from a year earlier to $43.7 billion, but that number fell short of analysts' estimates of $44.7.
Adjusted earnings were $1.54 a share, surpassing Wall Street's estimate of $1.37.
The company also guided for first-quarter revenue of $33.25 billion to $33.75 billion, up 15% from a year earlier at the midpoint, but below a $36 billion consensus. Operating income is expected to be in a range of $250 million to $900 million, down from $1.1 billion a year earlier.
Revenue at Amazon Web Services in the fourth quarter was $3.5 billion, breaking a string of estimate beats by falling short of analysts' estimates of $3.6 billion. Revenue growth was 47%, down from 55% in the third quarter.
3. -- Snap Inc., the parent company of popular messaging app Snapchat, filed official paperwork Thursday with the Securities and Exchange Commission, an incremental step ahead of its long-awaited initial public offering.
For the year ended Dec. 31, 2016, Snap said it lost $514.6 million on revenue of $404 million, compared with a 2015 loss of $372.9 million on revenue of $58.7 million.
Snapchat said it generates "substantially all" of its revenue from advertising, noting that it comprised 96% of its revenue in 2016, a reliance, the company said, that could pose a risk to its business in the future, along with continued difficulty in penetrating the Chinese market.
The offering will allow founders Evan Spiegel and Bobby Murphy to stay in control of the company.
Chipotle has had a tough time recovering from the E. coli outbreak that infected 60 people across 14 states in late 2015. Over the past 24 months, Chipotle's stock has fallen nearly 38%.
5. -- Clorox (CLX - Get Report) reported fiscal second-quarter earnings from continuing operations of $1.14 a share, unchanged from a year earlier. Revenue rose to $1.41 billion from $1.35 billion a year earlier.