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US markets ended higher on the last day of the first quarter after a plan for regulatory overhaul raised hopes for calmer financial markets.
Pharma companies, Schering Plough & Merck plummet, weighing on the market. March Chicago PMI was up to 48.2 which was higher than expectations. Citigroup gains after announcement of re-organization of consumer group into 2 global businesses. Morgan Stanley was up 2% and Citigroup was up 3%. Treasury Secretary expands power of Fed to oversee investment banks & consolidated regulatory agencies.
Dow Jones industrial average added 46.49 points, or 0.38%, to 12,262.89. The S&P 500 index rose 7.48 points, or 0.57%, to 1,322.70, and the Nasdaq composite index gained 17.92 points, or 0.79%, to 2,279.10.
A look at how the Indian ADRs performed:
|
Name Sterlite Ind |
Symbol SLT |
Price 35.77 |
Change |
Change% -1.46% |
Volume |
High |
Low |
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