European Factors to Watch-Shares seen lower, focus on automakers

viernes 22 de abril de 2016 02:32 GYT

(ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets for site in development. See the bottom of the report)

LONDON, April 22 (Reuters) - European shares headed for a weaker open on Friday, mirroring losses on Wall Street and in Asia, with investors keeping a close eye on company earnings after disappointing results from some U.S. firms including Alphabet and Microsoft.

Wall Street suffered its first loss in four sessions on Thursday, with shares in Google parent-company Alphabet , Microsoft, Visa and Starbucks all falling more than 4 percent in extended trading.

Automakers will be in focus after Daimler said it will be conducting an internal investigation into the certification process related to exhaust emissions in the United States and Volkswagen said it has reached a framework agreement with class action plaintiffs in U.S. court proceedings.

Futures for the Euro STOXX 50, Germany's DAX and Britain's FTSE were down 0.2 to 0.5 percent. Futures for France's CAC, however, were flat.

European shares fell slightly in the previous session after the European Central Bank kept rates unchanged, with Swedish telecom equipment maker Ericsson and French drinks firm Pernod leading the fall after disappointing updates.

However, the pan-European FTSEurofirst 300 index remained on track for its second straight week of gains.

In Asia, shares slid from a 5-month high, with MSCI's broadest index of Asia-Pacific shares outside Japan dropping d 0.8 percent.