Wall St ends with moderate gain; Dow up 60 points

US markets rose for the first time in three days, on better-than-forecast earnings at regional banks and record prices for oil and gasoline. The gain was led by financial and energy shares.

Regional banks like US Bancorp and Regions Financial Corp expressed confidence they could weather credit losses from the housing slump.

Other financials also had their day in the sun, with almost all of them higher.

In economic news, March producer prices jumped 1.1%, the second-highest reading in the past 33 years, amid a sharp rise in food and energy costs.

In M&A news, Delta Airlines and Northwest Airlines have agreed to merge, and the deal is expected to close by the end of 2008.

Dow gained 60 points to close at 12,362. The Nasdaq shut 10 points higher at 2,286. While the S&P 500 gained 6 points to finally shut shop at 1,334.

look at how the Indian ADRs performed: