US STOCKS SNAPSHOT-Wall Street opens flat on 'cliff' deadlock

NEW YORK Thu Dec 20, 2012 2:35pm GMT

NEW YORK Dec 20 (Reuters) - U.S. stocks opened little changed on Thursday amid uncertainty over fiscal talks as President Barack Obama threatened to veto a controversial Republican plan, suggesting a deal wouldn't come as soon as many investors had hoped.

The Dow Jones industrial average edged up 4.17 points, or 0.03 percent, at 13,256.14. The Standard & Poor's 500 Index added 1.36 points, or 0.09 percent, to 1,437.17. The Nasdaq Composite Index rose 5.17 points, or 0.17 percent, to 3,049.54.

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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.