Dow closes up 176 points; Nasdaq at 14-year high

By on Aug, 18 2014 with Comments 0

Stocks finished with strong gains Monday, helped by deal news and easing Ukraine-Russia tensions. A better-than-expected reading on the housing market also boosted sentiment and kicked off a big week for economic data. The S&P rose 16.68 points, or 0.9%, to 1,971.74. The Dow jumped 175.83 points, or 1.1%, to finish at 16,838.74, while the Nasdaq climbed 43.39 points, or 1%, to 4,508.31, scoring its highest close since March 2000.

The RBR Radio Index was down 2.363, or .3%, to 794.969.

The TVBR Television Index was up 19.937, or 2.5%, to 818.627

Winners
Entravision, up 7.6%
LIN TV, up 3.7%
Saga, up 2.8%

Losers
CC Media, down 4.4%
SBS, down 2.9%
Emmis, down 1.6%

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About The Author: RBR+TVBR has been reporting on the business of broadcasting for nearly three decades. Beholden to no one, it is independently owned.

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