BOSTON ( TheStreet) -- Toyota Motor (TM - Get Report), Sony (SNE - Get Report) and other Japanese American Depositary Receipts, or ADRs, were sinking Friday in the aftermath of one of the largest earthquakes in Japan's history.The offshore earthquake hit Japan Friday afternoon, measuring a magnitude of 8.9 on the Richter scale and triggering a tsunami. Video footage showed tsunami waves that swept over towns, fields, and even airports. Effects of the tsunami were felt along the coast of Hawaii hours later. Asian stock exchanges dropped in reaction, with the Nikkei tumbling 1.7% and Hong Kong's Hang Seng down 1.5%.
Earthquake Rattles Japan Stocks in U.S.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.