5 things to know before the stock market opens Friday

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Here are the most important news items that investors need to start their trading day.

obtained by CNBC's Jennifer Elias. The company estimates that its new evaluation system would put 6% of full-time workers into a category that carries higher risk for corrective action. It was 2% previously. The system will also make it harder for employees to score high marks. The changes come as the company grapples with its headcount after recent expansions. Executives have said there will be small cuts, and they haven't ruled out layoffs.

– CNBC's Samantha Subin, Jordan Novet, Jennifer Elias, Rohan Goswami, MacKenzie Sigalos and Sarah Whitten contributed to this report.

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1. Kiss your 401k goodbye. The end.

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