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Japanese stocks continue to fall after earthquake
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March 18, 2011
Original URL: http://en.wikinews.org/wiki/Japanese_stocks_continue_to_fall_after_earthquake



The prominent Japanese  stock market index fell another 1.4% Thursday,
over financial turmoil after the massive 9.0 magnitude earthquake and
tsunami hit the country a week ago.

For the past five trading days, stocks have been down by a total of
fourteen percent; today, they were down as much as five percent, or 454
points, but rebounded to close at 8,962 points.

US stocks also reacted negatively to the cataclysm; the Standard &
Poor's 500 index dropped 1.95% while the Dow Jones Industrial Average
lost 2.04%. The British FTSE, however, gained 0.77%, but after a large
loss yesterday.

Meanwhile, the Japanese yen reached its highest level ever against the
US dollar since the end of World War II, peaking at 76.25 to a dollar
before finishing the day at 79.14.

== Sources == 
* http://money.cnn.com/2011/03/16/markets/japan_stocks/?iid=MPM
* http://www.moneymarketing.co.uk/investments/nikkei-225-falls-14-as-yen-hits-record-high-against-the-dollar/1027862.article



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