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.


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.