Stocks hit by Japan fears despite Nikkei rally

LONDON – Shares around the world failed to capitalize on a bounceback in Japanese stocks Wednesday amid concerns about an escalating nuclear crisis in the wake of the country's devastating earthquake and tsunami.

CNBC  – Talking Numbers: Tough Mont
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Japan's benchmark Nikkei 225 stock average closed up 5.7 percent at 9,093.72 as investors snapped up bargains after panic selling sent the index spiraling down nearly 11 percent the day before.

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Japan races to avert a nuclear meltdown

Struggles continue at a stricken power plant, as workers briefly retreat due to surging radiation.