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MarketWatch for Wednesday, January 29, 2014

If you're keeping on top of the stock markets this morning, Wednesday, January 29, 2014....
If you're keeping on top of the stock markets this morning, Wednesday, January 29, 2014....

The Nikkei soared 403 points today in Tokyo.
On Wall Street, the Dow was up 90 points Tuesday.
And the Nasdaq gained 14.


Ben Bernanke wraps up his final Federal Reserve policy meeting today. 60 year old Bernanke will step down as Fed Chairman Friday after eight years at the helm. Janet Yellen will replace him as the first woman to oversee the central bank. Investors expect the fed to announce further reductions to its big bond buying program.

Apple's stock suffered its biggest drop in a year -- down 8 percent after a disappointing revenue outlook. But that didn't stop billionaire investor Carl Icahn from buying another $500 million worth of Apple's stock.

Unemployment rates fell in 39 states last month. It's another sign of an improving job market. Rhode Island had the nation's highest unemployment rate of 9.1 percent, North Dakota had the lowest at 2.6 percent.

So much for this being the most expensive Super Bowl ever. With five days until the big game, tickets prices are falling and the matchup between the Seattle Seahawks and the Denver Broncos could wind up being the least expensive Super Bowl ticket since the post 9/11 game of 2002. Still, the cheapest price for nosebleed seats is over $1,000.


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