US STOCKS SNAPSHOT-Wall St edges lower after Fed minutes

NEW YORK Thu Jan 3, 2013 2:18pm EST

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NEW YORK Jan 3 (Reuters) - U.S. stocks fell in afternoon trade on Thursday after minutes from the Federal Open Market Committee showed rising concern about the risks of the Fed's policy of buying bonds to stimulate growth.

The Dow Jones industrial average dipped 16.78 points, or 0.13 percent, to 13,395.77. The S&P 500 fell 1.64 points, or 0.11 percent, to 1,460.78. The Nasdaq Composite lost 3.29 points, or 0.11 percent, to 3,108.97.


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.