Wrap-up for April 7, 2011
Thursday, April 7, 2011
- Global equities fell after a strong aftershock rocked Japan and the euro retreated against the dollar as the European Central Bank raised rates but signaled it was not necessarily the start of a round of hikes.
- U.S. and European stocks fell after the earthquake measuring 7.4 shook northeast and eastern Japan. A tsunami warning was issued for the northeastern coast but later lifted
- Gold retreats from record high after Japan quake – Reuters
- Oil hits 30-month peak above $123 a barrel; gains seen slowing – Reuters
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