Dow turns up for the year

By on May, 23 2014 with Comments 0

After three straight days of advances, stocks finished the week with solid gains, sending the S&P 500 above the 1,900 level, a first on a closing basis. Friday’s gains sent the Dow into positive territory for the year, alongside the S&P and Nasdaq. Investors welcomed better-than-expected new-home sales numbers. The S&P closed 8.04 points, or 0.4%, higher at 1,900.53 and gained 1.2% over the week. The Dow gained 63.19 points, or 0.4%, to 16,606.27 and finished the week 0.7% higher. The Nasdaq ended the day up 31.47 points, or 0.8%, at 4,185.81, clocking in a 2.3% gain over the past five days.

The RBR Radio Index was up 4.799, or .5%, to 894.722.

The TVBR Television Index was up 11.037, or 1.3%, to 844.323.

Winners
Gray, up 2.5%
CBS, up 2.5%
Emmis, up 2.4%

Losers
CC Media, down 2.1%
Beasley, down 1.0%
n/a

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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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