Stock futures drop as Japan crisis worsens (Reuters)

Tuesday, March 15, 2011 4:01 AM By dwi

PARIS (Reuters) – Stock index futures dropped sharply on Tuesday, with futures for the S&P 500 downbound 2.8 percent, Dow Jones futures downbound 2.5 proportionality and Nasdaq 100 futures downbound 2.6 proportionality at 0935 GMT (5:35 a.m. ET), on mounting fears over Japan's thermonuclear crisis.

A Asian thermonuclear noesis being sent low levels of irradiation floating toward Tokyo, suasion grouping to flee the capital and others to stock up on primary supplies.

Japanese stocks plunged 10.6 percent, bill the worst two-day losing color since 1987 on reports of rising irradiation near Tokyo, suggesting some diminution at a quake-hit thermonuclear being could trigger more fright commerce led by inclose funds.

European stocks dropped 3.4 proportionality in farewell trade, led by shares of nuclear-related utilities, luxury groups and sureness companies, patch mining shares dropped along with metal prices.

Brent vulgar lapse as much as 2.2 proportionality to beneath $112 patch U.S. vulgar dropped 2 proportionality to beneath $100 a barrel.

Investors were also rattled by programme Arabian Arabia sent troops into Bahrain on weekday to support stabilize weeks of protests by the Shi'ite Islamic majority, a move opponents of the Sunni ruling family on the island titled a declaration of war.

Prices for key profession components long gains on Tuesday, as alteration at Asian plants and stock caused by Friday's seism threatened to stop the orbicular manufacturing concern individual than some had expected.

Dozens of Asian firms from factor makers to electronics firms and automakers were ownership their plants shuttered, patch alteration to stock including power, roads, rails and ports will verify months to repair.

Texas Instruments warned on weekday of lost income from digit conductor plants in Nihon following the country's biggest-ever earthquake.

U.S. stocks lapse on Monday, but another than limited industries much as thermonuclear power, the panoptic effect on equities was expected to be short-lived.

The Dow Jones industrial cipher winking downbound 51.24 points, or 0.43 percent, at 11,993.16. The Standard & Poor's 500 Index

was downbound 7.89 points, or 0.60 percent, at 1,296.39. The Nasdaq Composite Index was downbound 14.64 points, or 0.54 percent, at 2,700.97.

(Reporting by Blaise Robinson; Editing by Dan Lalor)


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