US STOCKS SNAPSHOT - Wall St opens lower on France, HP charge

NEW YORK Tue Nov 20, 2012 2:38pm GMT



NEW YORK Nov 20 (Reuters) - U.S. stocks opened lower on Tuesday as a credit downgrade of France by ratings agency Moody's and weak earnings by Hewlett-Packard halted a two-day rally.

The Dow Jones industrial average fell 55.05 points, or 0.43 percent, to 12,740.91. The Standard & Poor's 500 Index lost 4.21 points, or 0.30 percent, to 1,382.68. The Nasdaq Composite Index gave up 6.28 points, or 0.22 percent, at 2,909.79.


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.