US STOCKS SNAPSHOT - Wall St edges lower at open as Apple drags

NEW YORK Mon Jan 14, 2013 2:34pm GMT

NEW YORK Jan 14 (Reuters) - U.S. stocks edged lower at the open on Monday as shares of Apple were weighed down by demand concerns, while investors faced a busy week for corporate earnings.

The Dow Jones industrial average dropped 0.39 point to 13,488.04. The Standard & Poor's 500 Index shed 1.89 points, or 0.13 percent, to 1,470.16. The Nasdaq Composite Index lost 11.34 points, or 0.36 percent, to 3,114.30.

Photo

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.