US STOCKS SNAPSHOT-Futures tick up after durable goods data

NEW YORK Mon Jan 28, 2013 1:41pm GMT

NEW YORK Jan 28 (Reuters) - U.S. stock index futures edged higher on Monday after data showed orders for long-lasting goods rose more than expected in December.

S&P 500 futures rose 2.5 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration of the contract. Dow Jones industrial average futures added 22 points and Nasdaq 100 futures rose 2 points.

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.