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 up 205 points at 15,373, the NASDAQ finished up 45 points at 3839 and the S&P 500 ended 23 points stronger at 1721.

This morning in London: The FTSE 100 is currently down seven points at 6564.

FX and commodities: GBP/USD is up 40 pips at $1.5992, EUR/USD is 24 pips higher at $1.3557 and USD/JPY is down 38 pips at ¥98.38. Brent crude is 26 cents off at $110.35 and gold is down $3.60 at $1278.

Stocks: Drinks manufacturer Britvic has reported revenue growth of 4.4% and said full-year profit should beat market expectations. Booker Group’s first-half sales rose by 16.5%, enabling the food wholesaler to increase its dividend by 18%. Cairn Energy has announced a $300 million share buyback scheme.  

The day ahead: UK retail sales figures are released at 9.30am. This afternoon’s US unemployment claims will take on a little more relevance than normal with the absence of non-farm payrolls earlier this month due to the US shutdown.

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

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