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  44 points at 16,491, the NASDAQ finished up 22 points at 3587 and the S&P 500 ended the day up seven points at 1877.

This morning in London: The FTSE 100 is currently down 30 points at 6825.

FX and commodities: GBP/USD is up 12 pips at $1.6825, EUR/USD is up 26 pips at $1.3721 and USD/JPY is down 12 pips at ¥101.38. Brent crude is up 45 cents at $110.22 and gold is trading at $1297, up $4.

Stocks: AstraZeneca has rejected Pfizer’s £55 per share takeover bid. Ryanair has reported an 8% drop in its full-year profits.

The day ahead: There are no major economic announcements expected today.

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

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material 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 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. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.