US STOCKS SNAPSHOT - Wall St opens lower on debt limit concern

NEW YORK Tue Jan 15, 2013 2:35pm GMT

NEW YORK Jan 15 (Reuters) - U.S. stocks opened lower on Tuesday as investors fretted over the debate brewing in Washington over raising the U.S. borrowing limit as well as what is expected to be a lackluster earnings season.

The Dow Jones industrial average dropped 54.83 points, or 0.41 percent, to 13,452.49. The Standard & Poor's 500 Index lost 5.26 points, or 0.36 percent, to 1,465.42. The Nasdaq Composite Index fell 15.85 points, or 0.51 percent, to 3,101.68.


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.