US STOCKS SNAPSHOT-Wall St extends losses; Nasdaq off 1 pct

NEW YORK Thu Feb 7, 2013 3:59pm GMT



NEW YORK Feb 7 (Reuters) - U.S. stocks fell further on Thursday, with the Nasdaq falling 1 percent, as a sharp drop in the euro against the safe-haven dollar and yen curbed investors' appetite for risky assets.

The Dow Jones industrial average was down 119.84 points, or 0.86 percent, at 13,866.68. The Standard & Poor's 500 Index was down 12.31 points, or 0.81 percent, at 1,499.81. The Nasdaq Composite Index was down 30.76 points, or 0.97 percent, at 3,137.72.


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.