Earlier in the day Hitoshi had driven north to the crippled Fukushima Nuclear Power Station, where the reactors are feared to be leaking radiation and at risk of an outright meltdown.

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In today's world -- to say nothing of tomorrow's -- these are going to be driven by more multifaceted considerations than simply the size of Russia's nuclear arsenal.

CENTERFORSECURITYPOLICY: Center For Security Policy

The market had basically held true to its news-driven moniker by falling on bad news relating to the risk of a nuclear catastrophe and then rising when those worries abated in the afternoon.

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