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MarketWatch for Thursday, October 31, 2013

If you're keeping on top of the stock markets this morning, Thursday, October 31, 2013 ...
If you're keeping on top of the stock markets this morning, Thursday, October 31, 2013 ...

The Nikkei is down 174 points today in Tokyo.
On Wall Street, the Dow fell from a recent record high to close 61 points lower.
And the Nasdaq lost nearly 22.

On Wall Street, stocks fell after the federal reserve said the economy is growing only modestly and still needs help from its stimulus program.

Facebook's earnings blew past Wall Street's estimate. Revenue at the social networking site jumped 60 percent to top $2 billion thanks to an increase in mobile advertising. Mobile ads accounted for 49 percent of the Facebook's total ad revenue during the quarter

Profit at Starbucks soared 34 percent last quarter. The coffee chain said it attracted more customers around the world. It also predicts sales will grow 10 percent or more next year.

And Lenovo has hired actor Ashton Kutcher to help design and pitch its latest line of tablet computers. The company calls the star of the sitcom "Two and a Half Men" a  product engineer who will bring ideas along with his image. Kutcher has invested in more than a dozen Silicon Valley startups.


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