Japan's Stock Market Plunges

Tokyo stock markets opened for the first time since a devastating earthquake hit the nation Friday—and promptly dove more than 5 percent. Car manufacturers took an especially hard tumble, since the crisis halted their production. Shares of nuclear-power companies will likely see even sharper drops in the days to come, experts say, but overall Japan’s economy may yet persevere. “While we do not yet anticipate a major downward revision in the economic and earnings forecast for the next fiscal year, the impact of the quake is unmeasurable for now,” said one  analyst.