Breaking News Alert
The New York Times
Tue, March 15, 2011 -- 9:55 AM ET
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U.S. Stocks Off Sharply at Open After Slide in Tokyo; Dow Falls 2% in First Minutes
The prospect of a nuclear catastrophe in Japan drove stocks
down around the world. After the benchmark index in Tokyo
fell more than 10 percent, stocks opened sharply downward on
Wall Street, with the Dow Jones industrial average falling
284.87 points (2.38 percent) while the broader Standard &
Poor's 500-stock index dropped 35.27 points (2.72 percent).
Major European indexes also posted falls of 2 to 4 percent.
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