The Nikkei plunged 154 points today in Tokyo.
Stocks in the U.S. also tumbled Thursday. The Dow closed down 161 points.
The Nasdaq lost 62.5.
Investors will get a look at how much confidence Americans have in the economy when a new report on consumer sentiment comes out later this morning.
And today more companies will reveal how much money they're making including General Electric. Wall Street will pay close attention because GE is one of the world's largest corporations.
Home loans are a little cheaper.
The nationwide average for a 30 year mortgage ticked down slightly this week to 4.13 percent.
A 15 year mortgage also dropped to 3.23 percent.
Congress is considering a bill that would provide more tax breaks for charitable giving.
One provision passed in the House, would give tax breaks to people over 70 who make charitable donations from their retirement account.
The legislation now goes to the Senate.
The White House is threatening to veto the legislation because it would add billions to the budget deficit.
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