Wednesday 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 66 points at 15,334, the NASDAQ finished up two points at 3768 and the S&P 500 ended the day down four points at 1697.

This morning in London: The FTSE 100 is currently down 21 points at 6571.

FX and commodities: GBP/USD is up 12 pips at $1.5992, EUR/USD is up four pips at $1.3478 and USD/JPY is down 13 pips at ¥98.86. Brent crude is up 48 cents at $109.12 and gold is trading at $1324, up $1.

Stocks: Balfour Beatty has won a contract worth £125 million. Punch Taverns announced a 23% drop in full-year pre-tax profits.

The day ahead: UK CBI realised sales are due for release at 11am. In the US, durable goods orders are due out at 1.30pm, followed by new home sales at 3pm.

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

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