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.


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.