US STOCKS SNAPSHOT - Dow, S&P 500 up before State of Union address

NEW YORK Tue Feb 12, 2013 9:03pm GMT

NEW YORK Feb 12 (Reuters) - The Dow and S&P 500 closed modestly higher on Tuesday, putting the Dow within striking distance of all-time highs as investors looked ahead to President Barack Obama's State of the Union address.

Based on the latest available data, the Dow Jones industrial average was up 47.77 points, or 0.34 percent, at 14,019.01. The Standard & Poor's 500 Index was up 2.43 points, or 0.16 percent, at 1,519.44. The Nasdaq Composite Index was down 5.51 points, or 0.17 percent, at 3,186.49.

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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.