Japan earthquake drives down major European markets at close. US stocks at midday also down as investors try to evaluate impact of new 7.4 magnitude Japan earthquake.
ECB has pursued inflationary policies in the past, but this move may be a deflationary one
This recovery isn't nearly as robust as previous upturns. Japan, Libya, and other crises could undercut it.
Stocks closed out the quarter with the Dow gaining 742 points, its biggest first-quarter point gain in more than a decade and its biggest percentage gain since 1994.
This week, debt felled another European leader as Portugal's prime minister resigned. But the euro currency did not tumble. That's a sign that Europe is finally getting on top of its debt crisis.
Dow gains 84 points, up nearly 5 percent over the last six trading days.
The collapse of Portugal's government raised the likelihood of a bailout and set back efforts to beef up a financial rescue package for troubled European economies.
Japan's stock market index surges 4.4 percent as outlook for Japanese nuclear plant improves. Other stock markets in Asia, Europe little changed