US STOCKS SNAPSHOT - Wall St adds to losses; Nasdaq down 1 pct

NEW YORK Thu Nov 8, 2012 6:37pm GMT

NEW YORK Nov 8 (Reuters) - U.S. stocks added to losses and the Nasdaq briefly fell more than 1 percent on Thursday as worries about the "fiscal cliff" threatening the economic recovery mounted.

The Dow Jones industrial average was down 87.70 points, or 0.68 percent, at 12,845.03. The Standard & Poor's 500 Index was down 11.87 points, or 0.85 percent, at 1,382.66. The Nasdaq Composite Index was down 28.28 points, or 0.96 percent, at 2,909.00.

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After wave of QE, onus shifts to leaders to boost economy

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.