US STOCKS SNAPSHOT - Wall St opens lower on euzo zone, fiscal cliff

NEW YORK Fri Nov 9, 2012 2:33pm GMT

NEW YORK Nov 9 (Reuters) - U.S. stocks fell at the open on Friday, putting the S&P on track for a third straight decline and its worst weekly retreat in five months, as the euro zone crisis extended its reach and investors fretted over a looming U.S. "fiscal cliff."

The Dow Jones industrial average dropped 64.66 points, or 0.50 percent, to 12,746.66. The Standard & Poor's 500 Index lost 4.11 points, or 0.30 percent, to 1,373.40. The Nasdaq Composite Index fell 5.42 points, or 0.19 percent, to 2,890.16.

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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.