Stocks end strong quarter on sour note

By on Jun, 30 2014 with Comments 0

Stocks ended June and Q2 higher, even as the broader market closed marginally lower on Monday. The S&P 500 recorded the fifth consecutive month of gains and the biggest Q2 gain since 2009. It closed less than a point lower at 1,960.19, gaining 3.9% over the month and 5% over the quarter. The Dow shed 25.24 points, or 0.2%, to 16,825.96, but gained 1.9% over the past month and 2.2% over the past quarter. The Nasdaq ended the day 10.25 points, or 0.2%, higher at 4,408.18.

The RBR Radio Index was up 21.945, or 2.4%, to 932.495.

The TVBR Television Index was up 7.848, or .8%, to 943.420.

Winners
Beasley, up 10.5%
Radio One, up 3.8%
Nexstar, up 3.3 %

Losers
CBS, down 1.5%
LIN TV, down 1.4%
Salem, down .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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