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Markets Fall On Second Major Earthquake Near Fukushima

Posted By admin On April 7, 2011 @ 9:07 am In Money Watch | Comments Disabled

Kurt Nimmo
Infowars.com
April 7, 2011

Following a 7.4 magnitude earthquake off the coast of northeastern Japan today, the major stock market indexes fell after rising all morning.

The Dow was down about 40 points, or 0.3% shortly after reports came in. The S&P 500 fell about 3 points, or 0.2%, according to Barron’s [1].

Peter Cardillo [2], chief market economist at New York-based brokerage house Avalon Partners Inc., told the Victoria Advocate the earthquake “means perhaps further economic decline in Japan.”

Japan is the world’s third-largest economy and buys 10 percent of U.S. exports.

Shortly after the March 11 earthquake, economists predicted the disaster would ultimately cost more than $100 billion dollars.

Stock up with Fresh Food that lasts with eFoodsDirect (AD) [3]

Markets Fall On Second Major Earthquake Near Fukushima  161008pptv3 [4]


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URL to article: http://www.prisonplanet.com/markets-fall-on-second-major-earthquake-near-fukushima.html

URLs in this post:

[1] Barron’s: http://blogs.barrons.com/stockstowatchtoday/2011/04/07/another-big-quake-in-japan-sends-market-down/

[2] Peter Cardillo: http://www.victoriaadvocate.com/news/2011/apr/07/bc-us-wall-street5th-ld-writethru/?business&business-wire

[3] Stock up with Fresh Food that lasts with eFoodsDirect (AD): http://www.efoodsdirect.com/

[4] Image: http://prisonplanet.tv/

[5] Iran hit by major earthquake: http://www.prisonplanet.com/iran-hit-by-major-earthquake.html

[6] Japan earthquake: Fukushima nuclear plant evacuated following aftershock: http://www.prisonplanet.com/japan-earthquake-fukushima-nuclear-plant-evacuated-following-aftershock.html

[7] Japan’s Nikkei plunges 11 percent on radiation fears, sending global markets into a tailspin: http://www.prisonplanet.com/japan%e2%80%99s-nikkei-plunges-11-percent-on-radiation-fears-sending-global-markets-into-a-tailspin.html

[8] Radiation levels in seawater at crippled Fukushima plant jump 6,500 times above legal limit ahead of new 5.9 earthquake: http://www.prisonplanet.com/radiation-levels-in-seawater-at-crippled-fukushima-plant-jump-6500-times-above-legal-limit-ahead-of-new-5-9-earthquake.html

[9] Japan Rates Cut, But Markets Fall: http://www.prisonplanet.com/japan-rates-cut-but-markets-fall.html

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