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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Mar 16, 2011

Page

6

Japan crisis spooks world markets as stocks slide sharply

Global markets reel as Japan faces a escalating nuclear crisis. The Nikkei tumbled more than ten percent, dragging U.S. indices lower with the Dow dropping about 300 points at the open before ending down 137.74. Investors seek safer assets as oil, grains, and bonds shift, while officials caution on the broader economic impact.

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Fed says economy on firmer footing after recession

The Federal Reserve signaled the U.S. economy is on firmer footing with gradual employment gains and inflation viewed as transitory. The central bank kept its $600 billion Treasury bond purchases, noting improving consumer spending and hiring while acknowledging global risks from Japan's nuclear crisis and Middle East unrest.

Washington Federal Reserve U.S Japan Fed Wall Street Middle East Africa Europe United States

Also Mentioned on This Page

the Market Dow Jones Gary Linkous Mercer Tazewell County Century2 Century Select Cumberland Road Bluefield, WV Oakvale Road Princeton Bluefield Broker Memes
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