US STOCKS SNAPSHOT-Wall St ends with 4th day of losses

NEW YORK Thu Dec 27, 2012 9:06pm GMT

NEW YORK Dec 27 (Reuters) - U.S. stocks finished lower for a fourth day on Thursday but recovered most of the session's losses just before the closing bell when the House of Representatives said it would come back to work this weekend with the aim of avoiding the "fiscal cliff."

Based on the latest available data, the Dow Jones industrial average slipped 18.28 points, or 0.14 percent, to finish unofficially at 13,096.31. The Standard & Poor's 500 Index dipped 1.74 points, or 0.12 percent, to finish unofficially at 1,418.09. The Nasdaq Composite Index shed 4.25 points, or 0.14 percent, to close unofficially at 2,985.91.


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.