Monday morning snapshot

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

Friday night in the US: The Dow Jones closed up 18 points at 16,717, the NASDAQ finished up one point at 3736 and the S&P 500 ended the day up three points at 1920.

This morning in London: The FTSE 100 is currently up 12 points at 6857.

FX and commodities: GBP/USD is down two pips at $1.6751, EUR/USD is down 18 pips at $1.3617 and USD/JPY is up 19 pips at ¥101.96. Brent crude is up 34 cents at $109.78 and gold is trading at $1245, down $4.

Stocks: Rio Tinto has sold its stake in Clermont Mine for $1.02bn, with Glencore Xstrata taking over management of the mine. Balfour Beatty has disposed of projects worth £97 million in total.

The day ahead: The eurozone manufacturing purchasing managers index is due out at 9am, followed by UK manufacturing, mortgage approvals and money supply at 9.30am.

In the US, the manufacturing PMI will be released at 2.45pm, followed by ISM manufacturing PMI and construction spending at 3pm.

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

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