US STOCKS SNAPSHOT-Wall St firms at open before Bernanke testimony

NEW YORK Wed May 22, 2013 9:33am EDT

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NEW YORK May 22 (Reuters) - U.S. stocks rose slightly at the open, ahead of highly anticipated testimony in Congress by Federal Reserve Chairman Ben Bernanke on the economy and monetary policy.

The Dow Jones industrial average gained 18.20 points, or 0.12 percent, to 15,405.78. The Standard & Poor's 500 Index added 1.97 points, or 0.12 percent, to 1,671.13. The Nasdaq Composite Index rose 1.63 points, or 0.05 percent, to 3,503.75.


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.