Around the World's Markets: NEW YORK

US STOCKS fell for a second day on concern that a weakening Japanese yen could cause a prolonged period of weak demand in Asia for US goods. Exxon Corp and other oil companies led the decline.

With the yen a fraction away from an eight-year low against the dollar, investors say other countries in Asia may let their currencies fall so that their exports can remain competitive, making US goods more expensive throughout the region.