US STOCKS SNAPSHOT - S&P 500 rises more than 1 pct

NEW YORK Fri Nov 9, 2012 12:45pm EST

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NEW YORK Nov 9 (Reuters) - The S&P 500 rose more than 1 percent on Friday as stocks recovered from declines over the past two days. The Nasdaq was also trading more than 1 percent higher.

The Dow Jones industrial average was up 68.59 points, or 0.54 percent, at 12,879.91. The Standard & Poor's 500 Index was up 12.86 points, or 0.93 percent, at 1,390.37. The Nasdaq Composite Index was up 33.64 points, or 1.16 percent, at 2,929.22.


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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.