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Stock indexes fall 1 percent on Japan fears


    NEW YORK (Reuters) - Stocks fell about 1 percent on Wednesday as concerns about Japan's nuclear crisis escalated.

    The Dow Jones industrial average dropped 98.85 points, or 0.83 percent, at 11,756.57. The Standard & Poor's 500 Index was down 8.95 points, or 0.70 percent, at 1,272.92. The Nasdaq Composite Index took off 15.74 points, or 0.59 percent, at 2,651.59.

    All three indexes were briefly down more than 1 percent.

    Nikkei dollar-denominated futures were down 4 percent, while the IShares MSCI Japan Index Fund slid 3.1 percent at $9.72.

    (Reporting by Caroline Valetkevitch)