US STOCKS SNAPSHOT-Wall Street down after Obama reelection, Draghi remarks
NEW YORK Nov 7 (Reuters) - U.S. stocks fell on Wednesday in the wake of Barack Obama's reelection as U.S. president as comments by European Central Bank President Mario Draghi underscored the weakness in Europe's economy.
The Dow Jones industrial average was down 118.58 points, or 0.90 percent, at 13,127.10. The Standard & Poor's 500 Index was down 13.99 points, or 0.98 percent, at 1,414.40. The Nasdaq Composite Index was down 38.66 points, or 1.28 percent, at 2,973.27.
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.