This is a Japan news story, published by PBS, that relates primarily to Lululemon Athletica news.
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Business & Economics
80% Informative
The Dow Jones Industrial Average was down 732 points, or 1.7 percent , as of 1:45 p.m. Eastern time .
Lululemon Athletica dropped 15 percent to lead the market lower, even though the seller of athletic apparel reported a stronger profit for the latest quarter than analysts expected.
Two out of three in a survey by the University of Michigan expect unemployment to worsen in the year ahead .
In stock markets abroad, indexes fell sharply in Japan and South Korea as auto makers felt more pressure.
Thailand ’s SET lost 1 percent after a powerful earthquake centered in Myanmar rattled the region.
In the bond market, the yield on the 10-year Treasury tumbled to 4.25 percent from 4.38 percent late Thursday .
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87
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89
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54
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English
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