Wall Street shares seen opening lower as earnings continues

(MENAFN- ProactiveInvestors)It may now be earnings season but US shares are seen lower at the open in New York after a softer finish yesterday. Traders are still on the hunt for some positive global news to latch onto. In the UK Footsie is trying to make a break north but failing to inspire up around just five points to 6202 while overnight in Asia  Japan's Nikkei 225  was a standout. The index climbed 1.13% to stand at 177.66 as it continued its inverse relationship with the strength of yen as the currency weakened providing some relief for the country's exporters. The oil price is providing some cause for cheer with US crude up over US$40 a barrel - up 0.57%. Yesterday in New York the S&P500 ended down 0.3% or around six points at 2041. The benchmark Dow closed 20 down at 17556 while the tech heavy Nasdaq closed down 17 at 4833. In futures trading today the Dow Jones is expected to open ten points lower; the Nasdaq is down 16 and the broader S&P500 is down six points.