Stocks close higher; Dow gains 87 points

By on Apr, 28 2014 with Comments 0

Stocks finished Monday’s roller-coaster session generally higher. Heavy selling of Internet and biotech stocks dragged markets down in late morning, only to recover by late afternoon. The S&P ended the day 6.03 points, or 0.3%, higher at 1,869.43. The Dow closed 87.28 points, or 0.5% higher at 16,448.74. The Nasdaq closed virtually flat, down a point at 4,074.40.

The RBR Radio Index was up 7.545, or .8%, to 950.183.

The TVBR Television Index was down 6.831, or .8%, to 808.953.

Winners
SBS, up 4.8%
Salem, up 2.6%
Entercom, up 1.3%

Losers
CBS, down 1.8%
Sinclair, down 1.7%
Nexstar, down 1.5%

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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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