US STOCKS SNAPSHOT-Factory data pushes Wall Street higher

NEW YORK Fri Feb 1, 2013 3:06pm GMT

NEW YORK Feb 1 (Reuters) - U.S. stocks added to gains on Friday after data showed U.S. manufacturing grew at the fastest pace in nine months in January.

The Dow Jones industrial average rose 119.9 points or 0.87 percent, to 13,980.48, the S&P 500 gained 11.28 points or 0.75 percent, to 1,509.39 and the Nasdaq Composite added 23.77 points or 0.76 percent, to 3,165.9.


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.