U.S. Stocks, Japan ETF Drop, Yen Up as Earthquake Shakes Tokyo
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Stocks fell, pulling the Dow Jones Industrial Average down from an almost three-year high, equity futures slid in Tokyo and the yen rose as another earthquake shook Japan. Oil topped $110 a barrel and commodity indexes rose to the highest levels since 2008.
The Dow slipped 17.26 points, or 0.1 percent, to 12,409.49 at 4 p.m. in New York and the Standard & Poor’s 500 Index dropped 0.2 percent. The iShares MSCI Japan Index Fund, an exchange-traded security tracking the nation’s equities, lost