Pages

Friday, March 11, 2011

Futures fall as quake sets off tsunami alerts Dollar falls versus Japanese yen

Futures fall as quake sets off tsunami alerts Dollar falls versus Japanese yen : U.S. stock futures slumped Friday after a powerful earthquake rocked Japan, setting off tsunami alerts for Hawaii, the U.S. West Coast and 19 other countries.

Futures on the Dow Jones Industrial Average /quotes/comstock/21b!f:dj\h11 (DJH11 11,917, -66.00, -0.55%) fell 76 points to 11,907 and futures on the Standard & Poor’s 500 index /quotes/comstock/21m!f:sp\h11 (SPH11 1,293, -1.30, -0.10%) slid 1.30 points to 1,293.


Nasdaq 100 futures /quotes/comstock/21m!f:nd\h11 (NDH11 2,283, -27.50, -1.19%) were flat at 2,283.

European equities were sharply lower in morning trading following on from steep losses for Asian markets.

The drops came as an 8.9-magnitude earthquake shook Japan Friday, setting off a 10-meter high tsunami along coastal areas. Tsunami alerts have been issued for nearly 20 countries, including Hawaii and the West Coast.

In the currency markets, the dollar fell 0.9% to 82.16 Japanese yen.

On Thursday, the Dow /quotes/comstock/10w!i:dji/delayed (DJIA 11,985, -228.48, -1.87%) tumbled 228.48 points, or 1.87%

No comments:

Post a Comment