MarketWatch for Monday, February 17, 2014

By CBS News

Published 02/18 2014 06:43AM

Updated 02/18 2014 06:48AM

If you're keeping on top of the stock markets this morning,  Tuesday, February 18, 2014....

The Nikkei is up 450 points today in Tokyo.
On Wall Street, the markets were closed Monday for President's Day.

The White House has released a report about the $800-billion Recovery Act. It was passed 5 years ago to help with the economic crisis.
The report says the law created and saved an average of 1.6 million jobs a year for four years.
The recovery act had a minimal impact on the nation's debt according to the report.

More snow and ice  is expected on the East Coast today  - and one financial analyst says this winter has caused $50-billion in lost productivity.
Municipalities are also spending more on salt and snow removal, retail sales are down and more than 75-thousand flights have been cancelled since early December.

Remember the movie "Back To The Future"?  Those self tying  high tops from the 1989 blockbuster are about to become a reality. Nike announced it will reveal its  self tying laces in 2015, which happens to be the same year the shoes are introduced in the film.

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