A strong earthquake measuring magnitude 7.6 has struck Japan's northeast, leading to tsunami warnings and evacuation orders. In reaction, U.S. Treasury yields rose, and the dollar gained against the yen, as investors evaluated the potential economic impacts. Meanwhile, major global stock indexes experienced declines.

This week, investors are keenly observing the Federal Reserve's upcoming announcement. Although a 25 basis-point interest rate cut is anticipated, speculation around potential dissent within the Fed's policy committee adds uncertainty. Additionally, the Bank of Japan may reconsider its forthcoming rate hike in light of the earthquake's fallout.

In the broader markets, all major sectors of the S&P 500, except technology, saw declines. Wall Street was further shaken by a takeo

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