Tuesday morning snapshot

A snapshot of the early morning’s equity news and key markets movements.

Last night in the US: The Dow closed down 36 points at 15,521, the NASDAQ finished down 14 points at 3599 and the S&P 500 closed up six points at 1690.

This morning in London: The FTSE 100 is currently up 20 points at 6580.

FX and commodities: GBP/USD is up seven pips at $1.5345, EUR/USD is up eight pips at $1.3268 and USD/JPY is up 53 pips at Y98.22. Brent Crude is down 57 cents at $104.02 and gold is trading at $1321, down $6.

Stocks: ITV announced a 16% rise in first half pre-tax profits. Barclays reported a 17% drop in first half pre-tax profits.

The day ahead: In Europe, eurozone business confidence is due out at 10am.

In the US, Case Schiller HPI is due out at 2pm, followed by consumer confidence at 3pm.

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.