US STOCKS SNAPSHOT - Wall St edges lower in thin trade

NEW YORK Mon Dec 24, 2012 2:35pm GMT

NEW YORK Dec 24 (Reuters) - U.S. stocks edged lower on Monday after the S&P 500 suffered its worst drop since mid-November on continued worry legislators will be unable to reach a deal to avert the "fiscal cliff."

The Dow Jones industrial average dropped 27.95 points, or 0.21 percent, to 13,162.89. The Standard & Poor's 500 Index dropped 2.55 points, or 0.18 percent, to 1,427.60. The Nasdaq Composite Index dropped 6.23 points, or 0.21 percent, to 3,014.78.


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.