S&P 500, Dow close at record

By on May, 30 2014 with Comments 0

Stocks finished May with the biggest monthly gain since February as the main benchmarks ended the week higher. Friday’s trading on Wall Street was lackluster as investors were cautious after disappointing reports on personal income, spending and consumer sentiment. Marginal gains on the S&P helped the benchmark close at a record level for the 14th time this year. It closed 3.44 points, or 0.2%, higher at 1,923.48. The Dow closed at a record level, adding 18.37 points, or 0.1%, to 16,717.11. The Nasdaq ended the day down 5.33 points, or 0.1%, at 4,242.62, but it still recorded a 1.4% over the past week.

The RBR Radio Index was up 1.940, or .2%, to 913.207.

The TVBR Television Index was down 1.572, or .2%, to 854.701.

Winners
SBS, up 8.0%
Entravision, up 3.9%
CC Media, up 1.4%

Losers
Cumulus, down 4.1%
Emmis, down 3.8%
Sinclair, down 2.6%

Stocks-053014A

 

 

 

 

 

 

 

 

 

 

 

Stocks-053014B

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.

Comments are closed.