US STOCKS SNAPSHOT-Wall St edges up at opening on China data

NEW YORK Mon Nov 12, 2012 2:36pm GMT

NEW YORK Nov 12 (Reuters) - U.S. stock indexes rose at the open on Monday, coming off the worst weekly drop since early June, on upbeat economic data from China. But gains were muted by remaining concerns about the growth outlook in the United States and Europe.

The Dow Jones industrial average gained 4.61 points, or 0.04 percent, to 12,820.00. The Standard & Poor's 500 Index rose 2.09 points, or 0.15 percent, to 1,381.94. The Nasdaq Composite Index added 10.39 points, or 0.36 percent, to 2,915.27.


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.