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.


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.