US STOCKS SNAPSHOT-Wall St declines after Fed minutes

NEW YORK Wed Feb 20, 2013 2:11pm EST

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NEW YORK Feb 20 (Reuters) - U.S. stocks fell on Wednesday after minutes from the U.S. Federal Reserve suggested the central bank may have to slow or stop buying assets before seeing a pickup in hiring.

The Dow Jones industrial average dropped 17.50 points, or 0.12 percent, to 14,018.17. The Standard & Poor's 500 Index dropped 7.12 points, or 0.47 percent, to 1,523.82. The Nasdaq Composite Index dropped 19.17 points, or 0.60 percent, to 3,194.43.


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.