US STOCKS SNAPSHOT-Wall St extends losses, Nasdaq down 1 pct

NEW YORK Thu Feb 21, 2013 5:23pm GMT

NEW YORK Feb 21 (Reuters) - U.S. stocks extended losses on Thursday, with the Nasdaq dropping 1 percent following a rash of weak economic data.

The Dow Jones industrial average was down 74.82 points, or 0.54 percent, at 13,852.72. The Standard & Poor's 500 Index was down 11.26 points, or 0.74 percent, at 1,500.69. The Nasdaq Composite Index was down 35.25 points, or 1.11 percent, at 3,129.16.

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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.