Markets Reeling From Japan Crisis

Dow off more than 200 after Nikkei falls 11%
By Kevin Spak,  Newser Staff
Posted Mar 15, 2011 8:49 AM CDT
Markets Reeling From Japan Crisis
A man reacts while looking at a stock price board in a street, March 15, 2011 in Tokyo, Japan. Japan's Nikkei stock index nose-dived nearly 11% Tuesday.   (AP Photo/Eugene Hoshiko)

(Newser) – Stocks around the world plummeted today, thanks to huge losses in Japan, where the Nikkei Stock Average fell a whopping 11%, completing its biggest two-day drop since 1987. That prompted big Asian and European sell-offs, especially in Germany, where the DAX 30 fell 4.5% in interday trading. In the US, the Dow opened off 246 points, likewise, the S&P shed 33 and the Nasdaq fell 64, according to the Wall Street Journal. (Read more stock market stories.)

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