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Japan's Nikkei down 13%. That would be like the Dow Jones being down almost 1,600 points

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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-11 11:22 PM
Original message
Japan's Nikkei down 13%. That would be like the Dow Jones being down almost 1,600 points
Yikes!
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roamer65 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-11 11:23 PM
Response to Original message
1. It will likely spread to other markets today.
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onehandle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-11 11:24 PM
Response to Original message
2. The week's early and the overnights are not looking good for us. nt
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-11 11:25 PM
Response to Original message
3. The Dow futures is down about 240 points right now /nt
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-11 11:29 PM
Response to Reply #3
5. Yup. S&P futures down about 30
It looks like investors are really giving Japanese stocks a beating. I'll be curious to see what happens when European markets open at 12:00am pst
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-11 11:38 PM
Response to Reply #5
8. It won't be pretty, and if it turns out to be a full melt down, it will be a wipe out everywhere.
Of course that is minor compared to the human tragedy that is occurring

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Fuddnik Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-11 11:28 PM
Response to Original message
4. Guess we posted at the same time.
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last_texas_dem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-11 11:30 PM
Response to Original message
6. I'm guessing Larry Kudlow is no longer sure whether or not he should be "grateful."
Edited on Mon Mar-14-11 11:31 PM by last_texas_dem
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Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-11 11:31 PM
Response to Original message
7. With all the other things going on in Japan, this seems like the last
to worry about...well for the working class.
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