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Stocks gain on last day of quarter (AP)
Published at 31 March 2008, 23:49 GMT

A Wall Street sign outside the New York Stock Exchange. A proposal for the most sweeping overhaul of financial market regulation since the New Deal evoked a range of reactions from praise to outright skepticism on Monday.(AFP/GETTY IMAGES/File/Mario Tama)AP - Wall Street managed a moderate gain in the final session of a dismal first quarter Monday, but stock prices and the major indexes still ended the first three months of 2008 with massive losses, the casualties of the still continuing credit crisis. The Standard & Poor's 500 index, the benchmark for many widely held investments such as mutual funds, suffered a loss for the quarter of nearly 10 percent.


 
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