Stocks edge up to records again

By on Jul, 2 2014 with Comments 0

Stocks mostly inched higher Wednesday, building slightly on the prior day’s sizeable advance, as a better-than-expected report on private-sector hiring underscored the economy’s recent strength. The Dow rose 20.17 points, or 0.1%, to end at 16,976.24, putting it once again within striking distance of 17,000, while the S&P nudged up 1.30 points, or 0.1%, to finish at 1,974.62. The Nasdaq bucked Wednesday’s positive trend, falling 0.92 points, or less than 0.1%, to close at 4,457.73.

The RBR Radio Index was up 1.917, or .2%, to 949.541.

The TVBR Television Index was up 4.481, or .5%, to 963.473.

Winners
Beasley, up 4.5%
Gray, up 2.4%
CBS, up 2.2%

Losers
Radio One, down 4.2%
CC Media, down 2.1%
Entravision, down 2.0%

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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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