Wall St pares gains after data
NEW YORK (Reuters) - U.S. stocks pared gains and the Dow turned negative after data showed the U.S. manufacturing sector contracted in November, dropping to its lowest level since July 2009.
The Dow Jones industrial average dropped 8.59 points, or 0.07 percent, to 13,016.99. The Standard & Poor's 500 Index gained 0.63 points, or 0.04 percent, to 1,416.81. The Nasdaq Composite Index added 5.61 points, or 0.19 percent, to 3,015.85.
(Reporting by Chuck Mikolajczak)
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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.
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