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 72 points at 16,576, the NASDAQ finished up 22 points at 4176 and the S&P 500 ended the day up seven points at 1848.

This morning in London: The FTSE 100 is currently down two points at 6746.

FX and commodities: GBP/USD is up seven pips at $1.6573, EUR/USD is down 34 pips at $1.3728 and USD/JPY is up 12 pips at ¥105.36. Brent crude is up 39 cents at $111.27 and gold is trading at $1222, up $17.45

Stocks: The annual retail figures from the high-street chains have already started to emerge, with Debenhams posting a profit warning and its finance director stepping down as a consequence. John Lewis, on the other hand, has seen its sales rise 7.2% over the festive period. House of Fraser also saw its improving online sales pump up its figures over the same time period.

The day ahead: Manufacturing PMI figures for China are already out, but today also sees the release of Spanish, Italian, UK and US reports. We will also get the first glimpse of the US unemployment claims for 2014.

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.

Find articles by analysts

This information has been prepared by IG, a trading name of IG Markets Limited and IG Markets South Africa 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. International accounts are offered by IG Markets Limited in the UK (FCA Number 195355), a juristic representative of IG Markets South Africa Limited (FSP No 41393). South African residents are required to obtain the necessary tax clearance certificates in line with their foreign investment allowance and may not use credit or debit cards to fund their international account.