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Tuesday morning snapshot

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

Last night in the US: The Dow Jones closed up seven points at 15,801, the NASDAQ finished up 22 points at 4148 and the S&P 500 ended the day up two points at 1799.

This morning in London: The FTSE 100 is currently up 30 points at 6621.

FX and commodities: GBP/USD is up two pips at $1.6407, EUR/USD is up 29 pips at $1.3674 and USD/JPY is down three pips at ¥102.23. Brent crude is up 50 cents at $108.48 and gold is trading at $1283, up $8.

Stocks: Barclays reported a 32% drop in full-year profits to £5.2 billion. Thomas Cook posted a 0.9% drop in quarterly revenue.

The day ahead:  In the US, Federal Reserve chair Janet Yellen is due to make an announcement at 3pm, and this will be followed by release of the wholesale inventories report.

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

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