Reuters – Japan’s Nikkei share average plunged 10.6 percent on Tuesday, posting the worst two-day rout since 1987, as hedge funds bailed out after reports of rising radiation near Tokyo. Many mutual funds were left on the sidelines, leaving them poised to dump shares into any rebound.
Hedge funds hammer Japan stocks to worst plunge since ’87 (Reuters)
Posted by Yahoo! News: Stock Markets News on March 15th, 2011