Californians were hit in the pocketbook by the Japan earthquake's attendant tsunami Friday.Millions of dollars of damage were done to harbors and boats along the SoCal coast by the powerful waves rippling off the Pacific.Docks were ripped from harbors in both California and Oregon,and dozens of boats were lost to the aquatic aftereffects of the Asian earthquake.
One California man was missing at sea and feared dead by the U.S. Coast Guard,having been swept away by the tsunami.The town of Newport Beach warned residents by robocalls Friday morning and closed Newport Beach Elementary School,but gave the all clear Friday afternoon.
The Toshiba Classic golf tournament,part of the Champions Tour of senior pro golfers,went ahead as scheduled at the Newport Beach Country Club.South African Nick Price led the field with a first round 60 for a -11,while German Bernhard Langer,the defending Charles Schwab Cup champion,tied for second with three Americans:Mark O'Meara,Mark Wiebe and Brad Bryant,all having shot 65s for -6s.
Though finishing up for the day,stocks drifted lower for the week,hurt by renewed European debt fears,the Libyan civil war and Japan's killer quake,with the S&P giving up 1.30.In the futures market Friday evening,the S&P rose a strong 11.70,and 10 year Treasury bond prices fell as the optimism from Friday's late trading carried over to Monday's prospects.
No comments:
Post a Comment