US STOCKS SNAPSHOT-Wall Street dips at open, Boeing drags

NEW YORK Wed Jan 16, 2013 2:33pm GMT

NEW YORK Jan 16 (Reuters) - U.S. stocks pulled back from five-year highs at the open Wednesday despite strong bank results on concerns about global economic growth, with shares of Boeing pressured after two Japanese airlines grounded their Dreamliner fleets.

The Dow Jones industrial average dropped 55.53 points, or 0.41 percent, to 13,479.36. The Standard & Poor's 500 Index lost 2.15 points, or 0.15 percent, to 1,470.19. The Nasdaq Composite Index added 1.82 points, or 0.06 percent, to 3,112.59.


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.