US STOCKS SNAPSHOT-Wall St opens flat after selloff

NEW YORK Thu Nov 8, 2012 2:33pm GMT

NEW YORK Nov 8 (Reuters) - U.S. stocks opened flat on Thursday as investors continued to worry about the looming fiscal cliff debate even as data showed new claims for unemployment benefits unexpectedly fell last week.

The Dow Jones industrial average was up 1.00 point, or 0.01 percent, at 12,933.73. The Standard & Poor's 500 Index was up 1.23 points, or 0.09 percent, at 1,395.76. The Nasdaq Composite Index was up 8.46 points, or 0.29 percent, at 2,945.75.

Equities dropped more than 2 percent in Wednesday's session, the biggest daily decline for the S&P 500 since June.

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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.