US STOCKS SNAPSHOT - Nasdaq slides 1 pct; Dow, S&P 500 fall further

NEW YORK Mon Feb 4, 2013 4:43pm GMT

NEW YORK Feb 4 (Reuters) - U.S. stocks added to losses, with the Nasdaq falling more than 1 percent, on Monday as the market retreated from recent gains and as data on factory orders fell short of expectations.

The Dow Jones industrial average was down 121.37 points, or 0.87 percent, at 13,888.42. The Standard & Poor's 500 Index was down 13.55 points, or 0.90 percent, at 1,499.62. The Nasdaq Composite Index was down 35.02 points, or 1.10 percent, at 3,144.07.


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.