Established in 1974
185,800 clients worldwide
Over 15,000 markets

Thursday 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 98 points at 16,268, the NASDAQ finished down 60 points at 4173 and the S&P 500 ended the day down 13 points at 1852.

This morning in London: The FTSE 100 is currently down 30 points at 6575.

FX and commodities: GBP/USD is down 12 pips at $1.6565, EUR/USD is down 13 pips at $1.3766 and USD/JPY is down one pip at ¥102.06. Brent crude is down 5 cents at $106.95 and gold is trading at $1299, down $5.

Stocks: Thomas Cook announced that winter holiday bookings are 93% sold. The London Stock Exchange revealed that capital raised on the exchange over the past 11 months rose by 91%.

The day ahead: UK retail sales are due out at 9.30am. In the US, jobless claims and GDP are due out at 12.30pm. Sandra Pinalto of the Federal Reserve is speaking at 12.30pm, followed by pending home sales at 2pm.

All figures correct at 8.15am. All times London time.

The information 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 Bank S.A. 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 and as such is considered to be a marketing communication.