Friday morning snapshot

A snapshot of the early morning's equity news and key market movements.

Last night in the US: The Dow Jones closed down 40 points at 15,636, the NASDAQ finished up five points at 3789 and the S&P 500 ended the day down three points at 1722.

This morning in London: The FTSE 100 is currently down 20 points at 6605.

FX and commodities: GBP/USD is up 24 pips at $1.6057, EUR/USD is up two pips at $1.3531 and USD/JPY is down 13 pips at ¥99.32. Brent crude is up 33 cents at $108.99 and gold is trading at $1375, down $1.

Stocks: Royal Bank of Scotland has sold its stake in Direct Line Insurance Group for £630 million.

The day ahead: UK public sector net borrowing is due at 9.30am. Jens Weidmann of the Bundesbank speaks at 12.30pm. US consumer confidence will be announced at 3pm.

All figures correct at 8.30am. All times London time.

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.