Euro markets tumble on fresh Japan radiation fears

Updated: Major European indices suffered triple-digit losses on Tuesday after a third explosion at Japan's Fukushima nuclear power plant raised fresh radiation fears and sparked a 1,000-point plunge on the Nikkei 225.

London's leading index was more than 132 points lower at 5,637, adding to yesterday's 0.9% loss. Elsewhere in Europe, the French Cac is down 140 points, or 3.5%, at 3,740 while the German Dax has lost more than 300 points, or 4.4%, to drop to 6,566. It followed a near-11% decline on Japan's Nikkei 225 on Tuesday. The index shed more than 1,000 points to 8,605.15 points, on top of yesterday's 6.2% loss. The broader Topix index fell 9.5%. At one point, Nikkei was trading 14% lower, registering its biggest two-day drop in 40 years. There was a third blast at a nuclear plant in Japa...