Money Minute: Markets Await Fed Decision; Yahoo to Follow Apple's Fall?

It's Fed day, and that might add to the jitters of an already volatile market.

The Federal Reserve's policymaking arm wraps up a two-day meeting. The big unknown: will it continue to cut back on the amount of bonds it buys each month to stimulate the economy. It announced in December that it would start that process this month by trimming -- buying $75 billion worth instead of the $85 billion it had been buying each month. Word from the Fed comes at 2 p.m. Eastern time, so keep an eye on the market around then.

Another interesting note: this is Ben Bernanke's final meeting at the helm of the Fed. Janet Yellen takes over next week.

Shares of Apple (AAPL) tumbled 8 percent Tuesday on disappointing results. %VIRTUAL-article-sponsoredlinks%Investors could switch the ire to Yahoo (YHOO) today. Its net missed expectations and ad revenue was weak. The company also issued a disappointing outlook for the current quarter. Yahoo shareholders should be a little bit forgiving though. The stock is up nearly 90 percent over the past year as investors put their faith in CEO Marissa Mayer, but her honeymoon period may be coming to an end.

The Dow Jones industrial average (^DJI) snapped a five-day losing streak Tuesday. Blue chips gained 90 points, the Standard & Poor's 500 index (^GPSC) rose 11 and the Nasdaq composite (^IXIC) added 14.

President Obama wants to help workers save for retirement, even if they don't have access to IRA accounts at their jobs. In his State of the Union address last night, the President called for the establishment of a new "starter" account, that he's dubbed a MyRA. Workers would be able to contribute part of the wages into a government guaranteed savings account. Only half of the American workforce has access to company sponsored retirement accounts right now.

-Produced by Drew Trachtenberg.