A Soft Start To A Pre-Holiday Week

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With the Independence Day holiday nearly one week away, U.S. financial markets saw another day of light—and mixed—overall activity on Wall Street. The Dow Jones Industrial Average was up 14.79 points, to 21,409.55, while the Nasdaq composite was down 18.10, to 6,247.15.


Among the key movers for the media industry was broadcast TV giant Nexstar Media Group, with NXST shares rising 2.9%, to $59.55.

Nielsen also had a banner day thanks to a newly forged deal with FOX Sports for out-of-home TV ratings across FOX broadcast stations, FS1, FS2 and the FOX Deportes pay-TV networks. Shares of NLSN were up 3.4%, to $38.75. FOX‘s Class A shares rose 3.1%, to $28.04.

 

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