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 down 153 points at 16,168, the NASDAQ finished down 30 points at 4277 and the S&P 500 ended the day down 13 points at 1845.

This morning in London: The FTSE 100 is currently up 82 points at 6790.

FX and commodities: GBP/USD is up 45 pips at $1.6711, EUR/USD is up 28 pips at $1.3763 and USD/JPY is up 36 pips at ¥101.81. Brent crude is down 145 cents at $109.80 and gold is trading at $1340, down $10.

Stocks: Mining company Fresnillo reported a 64% drop in its full-year profits. Investment holding and management company Ashtead posted a 54% increase in its third-quarter profits.

The day ahead: The UK construction purchasing managers index will be released at 9.30am, followed by the eurozone producer price index at 10am. Jon Cunliffe of the Bank of England is expected to make an announcement at 10.30am.

In the US, the Investor's Business Daily economic optimism index will be released at 3pm.

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

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