Tuesday, March 15, 2011

Tokyo Shares End Day Down 11%

The Wall Street Journal reports:
Tokyo shares led Asia stock markets lower, with the main index dropping 11% amid widespread worries about the possibility of a nuclear catastrophe. An afternoon bounce brought them back from a bottom more than 14% down.

Japanese stocks were pressured by news of another explosion at the Fukushima Daiichi nuclear power plant, this time at its No. 4 reactor.