US STOCKS SNAPSHOT-Stocks edge higher after housing data

NEW YORK Thu Nov 29, 2012 3:05pm GMT

NEW YORK Nov 29 (Reuters) - U.S. stocks added to gains after data showed contracts to buy previously owned homes rose more than expected in October, another positive sign for a healing housing market.

The Dow Jones industrial average gained 66.31 points, or 0.51 percent, to 13,051.42. The Standard & Poor's 500 Index rose 8.56 points, or 0.61 percent, to 1,418.49. The Nasdaq Composite Index advanced 22.82 points, or 0.76 percent, to 3,014.60.

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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.