Asian Markets Slump After Trade Center Terror

Asian markets slumped in early morning trading in the aftermath of a day of terror on U.S. soil.

In Tokyo, trading was delayed by 30 minutes in an attempt to bring order to chaos and institute trading curbs meant to limit losses. While the Nikkei opened down only 1.5%, the losses quickly spiraled. Just after 9:00pm EDT the Japanese benchmark broke through the 10,000 level.

The Nikkei plummeted over 7% to trade just above 9600, its lowest level since 1984. Exporters like Honda and Toyota Motor fell sharply on fears of weaker exports from possible economic disruptions as a result of U.S. terrorism. Trading in Sony was halted due to a sell-order imbalance. ...