THE DOW JONES industrial average fell by as many as 96 points this morning after a second big earthquake in as many months hit Japan.

Stocks fell after the 7.1 magnitude quake triggered tsunami warnings along Japan’s devastated northern coast. Japan’s stock market had already closed by the time the earthquake struck.

Investors were rattled by the quake, partly since it struck near the same area as the massive tremor that triggered a devastating tsunami on 11 March. Stock indexes did bounce back after the impact of the quake turned out to be less than initially feared.

Japan is the world’s third largest economy.

- AP

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Japan earthquake sends bulls and bears running as stocks plummet

Making a difference

A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.