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.

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

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.