Japan’s Nikkei opens down as earning gloom weighs

The Nikkei share average dropped at Wednesday’s open after poor U.S. earnings increased uneasiness about the outlook for local companies, and looked set to break its seven-day winning streak despite hopes for a policy easing by the Bank of Japan. The Nikkei lost 1 per cent to 8,923.37, while the broader Topix shed 0.9 per cent to 742.48.

via Business feed http://www.scmp.com/business/money/market-snapshot/article/1068469/japans-nikkei-opens-down-earning-gloom-weighs