US STOCKS SNAPSHOT-Wall St opens flat after Wells Fargo results

NEW YORK Fri Jan 11, 2013 2:33pm GMT

NEW YORK Jan 11 (Reuters) - U.S. stocks opened flat on Friday, a day after the benchmark S&P 500 index closed at a five-year high, as record earnings from Wells Fargo failed to inspire further buying.

The Dow Jones industrial average dropped 14.16 points, or 0.11 percent, to 13,457.06. The Standard & Poor's 500 Index shed 0.51 points, or 0.03 percent, to 1,471.61. The Nasdaq Composite Index dipped 1.05 points, or 0.03 percent, to 3,120.71.

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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.