US STOCKS SNAPSHOT-Wall St extends gains, Nasdaq near 12-year high

NEW YORK Fri Feb 8, 2013 6:58pm GMT

NEW YORK Feb 8 (Reuters) - U.S. stocks extended gains on Friday, with the Nasdaq rising 1 percent, putting it within close reach of a 12-year high.

The Dow Jones industrial average gained 47.66 points, or 0.34 percent, to 13,991.71. The Standard & Poor's 500 Index rose 7.47 points, or 0.49 percent, to 1,516.86. The Nasdaq Composite Index was up 30.23 points, or 0.96 percent, at 3,195.37.

If the Nasdaq rises above 3,196.93, it would be the highest level since November 2000.

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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.