US Stock Futures Down Ahead Of Economic Data
US stock futures traded lower in early pre-market trade. The Producer Price Index for October and retail sales for October will be released at 8:30 a.m. ET. Data on business inventories for September and the University of Michigan's consumer sentiment index for November will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average fell 47 points to 17,351.0, while the Standard & Poor's 500 index futures fell 4.75 points to 2,035.75. Futures for the Nasdaq 100 index dipped 17.75 points to 4,567.50.
A Peek Into Global Markets
European markets were lower today, with the Spanish Ibex Index dropping 0.86 percent, STOXX Europe 600 Index declining 1.21 percent and German DAX 30 index declining 1.01 percent. French CAC 40 Index dipped 1.17 percent and London's FTSE 100 Index fell 1.06 percent.
In Asian markets, Japan's Nikkei Stock fell 0.51 percent, Hong Kong's Hang Seng Index dipped 2.15 percent, China's Shanghai Composite Index fell 1.43 percent and India's BSE Sensex dropped 0.99 percent.
Analysts at Roth Capital downgraded Digital Ally, Inc. (NASDAQ: DGLY) from Buy to Neutral. The price target for Digital Ally has been lowered from $16 to $7.
Digital Ally shares closed at $5.84 on Thursday.
- Cisco Systems, Inc. (NASDAQ: CSCO) reported better-than-expected results for its fiscal first quarter on Thursday, but the company issued a weak forecast for the current quarter. To read the full news, click here.
- Shares of Nordstrom, Inc. (NYSE: JWN) dipped more than 20 percent in pre-market trading after the company reported weaker-than-expected results for the third quarter and lowered its outlook for the year. To read the full news, click here.
- G. Willi-Food International Ltd. (NASDAQ: WILC) today announced that its Board of Directors approved the terms of termination of the management service agreements between the Company and companies controlled by Mr. Zwi Williger, who currently serves as Company's Co-Chairman of the Board of Directors, and Mr. Joseph Williger, who currently serves as a director and the Company's President. To read the full news, click here.
- Tyco International PLC (NYSE: TYC) reported in-line earnings for its fiscal fourth quarter on Friday. To read the full news, click here.
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