Stocks plunge as Japan nuclear crisis worsens

Stocks plunge as Japan nuclear crisis worsens

news.yahoo.com

NEW YORK – Stocks plunged Tuesday, sending the Dow Jones industrial average down almost 300 points at the opening, as the nuclear crisis in Japan intensified following a deadly earthquake and tsunami.

Oil prices fell $3.95 to $97.22 as analysts anticipated lower demand in the aftermath of the earthquake.

(visit the link for the full news article)

Let me see if I can include a current snapshot of what the markets are doing right now...

Market Summary
Symbol Last Change
Dow 11,763.08 -230.08 -1.92%
Nasdaq 2,646.43 -54.54 -2.02%
S&P 500 1,270.58 -25.81 -1.99%
10 Yr Bond(%) 3.2660% -0.0810
Oil 98.01 -3.18 -3.14%
Gold 1,387.80 -36.80 -2.58%

SO it looks like they came up a little...
but the trading day is far from over folks

news.yahoo.com
(visit the link for the full news article)

FTSE 100 5680.90 Down -94.34 -1.63%
Dax 6582.91 Down -283.72 -4.13%
Cac 40 3765.01 Down -113.03 -2.91%
Dow Jones 11767.13 Down -226.03 -1.88%
Nasdaq 2647.91 Down -53.06 -1.96%
BBC Global 30 5485.90 Down -101.60 -1.82%

Yeah just got this from BBC News, it aint looking too good.
BBC News

reply to post by LanceonW


Aint looking good is an understatement just went to check an overview of all global markets...
everyone you can name is falling

Stocks
Americas
INDEX VALUE CHANGE % CHANGE TIME
DOW JONES INDUS. AVG 11,770.80 -222.36 -1.85% 11:16
S&P 500 INDEX 1,271.79 -24.60 -1.90% 11:15
NASDAQ COMPOSITE INDEX 2,649.10 -51.87 -1.92% 11:16
S&P/TSX COMPOSITE INDEX 13,429.40 -189.81 -1.39% 11:16
MEXICO IPC INDEX 35,815.10 -390.67 -1.08% 10:56
BRAZIL BOVESPA INDEX 66,465.90 -703.35 -1.05% 11:16
More Indexes from the Americas »

Europe, Africa and Middle East
INDEX VALUE CHANGE % CHANGE TIME
Euro Stoxx 50 Pr 2,768.92 -83.19 -2.92% 11:01
FTSE 100 INDEX 5,691.12 -84.12 -1.46% 11:01
CAC 40 INDEX 3,773.03 -105.01 -2.71% 11:02
DAX INDEX 6,594.90 -271.73 -3.96% 11:00
IBEX 35 INDEX 10,241.10 -174.80 -1.68% 11:00
FTSE MIB INDEX 21,224.60 -579.72 -2.66% 11:02
AEX-Index 347.67 -8.65 -2.43% 11:01
OMX STOCKHOLM 30 INDEX 1,064.54 -27.02 -2.48% 11:16
SWISS MARKET INDEX 6,086.05 -188.42 -3.00% 11:01
More Europe, Africa and Middle East Indexes »

Asia-Pacific
INDEX VALUE CHANGE % CHANGE TIME
NIKKEI 225 8,605.15 -1,015.34 -10.55% 02:28
HANG SENG INDEX 22,678.20 -667.63 -2.86% 04:01
S&P/ASX 200 INDEX 4,528.70 -97.70 -2.11% 01:55
More Asia-Pacific Indexes »
Stock Futures
Americas
INDEX VALUE CHANGE OPEN HIGH LOW TIME
DJIA INDEX 11,700.00 -226.00 11,935.00 11,936.00 11,611.00 11:06
S&P 500 1,266.00 -24.50 1,290.30 1,293.10 1,251.20 11:06
NASDAQ 100 2,239.00 -50.50 2,290.50 2,292.75 2,216.00 11:05
S&P/TSX 60 774.50 -10.50 762.30 775.10 758.60 10:56
MEX BOLSA 35,965.00 -318.00 35,360.00 35,965.00 35,360.00 10:54
BOVESPA 67,115.00 -672.00 66,300.00 67,195.00 65,850.00 11:01

Europe
INDEX VALUE CHANGE OPEN HIGH LOW TIME
DJ EURO STOXX 50 2,768.00 -86.00 2,791.00 2,808.00 2,726.00 11:01
FTSE 100 5,678.00 -96.50 5,764.00 5,764.00 5,584.50 11:02
CAC 40 10 EURO 3,775.00 -105.00 3,812.00 3,822.50 3,713.00 11:01
DAX 6,594.50 -280.50 6,661.50 6,717.50 6,483.50 11:01
IBEX 35 10,237.00 -170.00 10,260.00 10,331.00 10,074.00 11:01
FTSE MIB 21,230.00 -580.00 21,335.00 21,565.00 20,935.00 11:01
AMSTERDAM 347.65 -8.75 350.00 351.50 343.95 11:01
OMXS30 1,066.25 -24.75 1,083.00 1,083.00 1,045.00 11:01
SWISS MARKET 6,085.00 -192.00 6,160.00 6,172.00 6,005.00 11:01

Asia-Pacific
INDEX VALUE CHANGE OPEN HIGH LOW TIME
NIKKEI 225 8,620.00 -20.00 8,750.00 8,850.00 8,310.00 10:30
HANG SENG 22,562.00 -711.00 23,064.00 23,117.00 22,159.00 04:15
SPI 200 4,508.00 -27.00 4,535.00 4,541.00 4,477.00 11:07
Commodities
VALUE CHANGE % CHANGE TIME
Nymex Crude Future 98.15 -3.04 -3.00 11:07
Nymex Henry Hub Future 3.91 -0.01 -0.20 11:06
Gold 100oz Future (USD/t oz.) 1,400.70 -24.20 -1.70 11:06
UBS Bloomberg CMCI 1,634.74 -34.93 -2.09 11:

keep in mind many of these markets are already closed for today but there you have it...

the one bit of good news....

Nymex RBOB Gasoline Future 280.49 -15.54 -5.25% 11:13

So gas prices will soon be going down again

Is it me or how is it that as we head into the economic crisis, the middle east riots begin thus causing more damage to the stock market, then japan and its earthquake,,,more problems for the economic problem.. strange.

Oil prices fell $3.95 to $97.22 as analysts anticipated lower demand in the aftermath of the earthquake.

Fell $3.95 to $97.22 ?

Is always a big sell out before a crash, right now CNBC analyst are advising that is not a good thing to buy, and I imagine why, but we know better this happen before when the economic crash two years ago.

The domino effect of Japan disaster has not hit the worlds economy fully yet.

Right now is nothing but speculators making money from the disaster.

Japan is one of the top biggest economy in the world and if people think that the nuclear disaster and natural disaster is not going to impact the US economy then they are fools.

Japan is also the second biggest holders of US debt after China.