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Today marked the end of the first quarter of 2008, and the markets ended on an up-note today. The gains in the DJIA today were within a few points of closing up for the month of March 2008. The DJIA hasn't had a positive month since October 2007.

One of the premiere helping hands came from Hank Paulson's proposals that would regulate more players in the financial services industry ahead. Another note was that the Chicago Purchasing managers Index actually gained from 44.5 in February to 48.2 in March, also above the 47.3 estimates. Below are the unofficial closing levels for the DJIA:
  • DJIA 12,262.89 (+46.49, +0.38%)
  • NASDAQ 2,279.10 (+17.92, +0.79%)
  • S&P500 1,322.69 (+7.47, +0.57%)
  • 10YR-TBond 3.432% (-0.034%)
  • Full 52-Week Lows
Citigroup Inc. (NYSE: C) announced today that it plans to reorganize its consumer credit card business into two parts, Consumer Banking and Global Cards. Analysts doubt the move will eventually result in a spin-off of the unit. The regionalized restructuring will allow more localized control which should enable Citigroup to target international markets more effectively.

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Closing Bell: DJIA's first "almost" positive month this year (C, GU, MRK, SGP, MON, NCST) originally appeared on BloggingStocks on Mon, 31 Mar 2008 17:19:00 EST. Please see our terms for use of feeds.

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