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.
Read it at The Wall Street Journal
