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Tuesday, March 15, 2011

BREAKING NEWS: Stocks Slide 248 Points Amid Japan Nuclear Crisis

Japan Nuclear Crisis Sparks Steep Selloff

Major market averages tumbled 2% Tuesday morning, following Japan's Nikkei average, which plunged 10.6%, as fears mount about the worldwide impact of the crisis in Japan. 

Today's Markets

As of 9:34 a.m. ET, the Dow Jones Industrial Average was lower by 275 points, or 2.3%, to 11716, the S&P 500 tumbled 33 points, or 2.6%, to 1258 and the Nasdaq Composite was off 76.6 points, or 2.9%, to 2623. 

An explosion at a Japanese nuclear power plant sent radiation seeping into atmosphere, reaching as far as Tokyo, Japan's densely-populated capital.  News of the radiation leakage prompted many to flee and stock up on supplies like food and water. 

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