S&P 500 jumps back near record; Apple at new high

By on Aug, 19 2014 with Comments 0

Stocks climbed Tuesday after a better-than-expected jump in July housing starts and upbeat earnings reports. Apple achieved an all-time split-adjusted closing high, while Home Depot was the biggest gainer in the Dow Jones Industrial Average in the wake of quarterly results that topped forecasts. The S&P advanced 9.86 points, or 0.5%, to close at 1,981.60, while the Dow rose 80.85 points, or 0.5%, to end at 16,919.59. The Nasdaq advanced 19.20 points, or 0.4%, to finish at 4,527.51.

The RBR Radio Index was down 5.414, or .7%, to 789.555.

The TVBR Television Index was up 7.109, or .9%, to 825.736

Winners
Entravision, up 5.1%
Cumulus, up 4.1%
Nexstar, up .8%

Losers
SBS, down 2.3%
Saga, down 1.9%
Entercom, down 1.9%

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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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