Stocks finish with small gains, trim weekly losses

By on Jul, 11 2014 with Comments 0

Stocks closed higher on Friday after the main benchmarks picked up steam in late afternoon, trimming weekly losses. The S&P closed up 2.89 points, or 0.2% at 1,967.57 and finished the week 0.9% lower. The Dow gained 28.74 points, or 0.2% to 16,943.81, but recorded a 0.7% weekly loss. The Nasdaq added 19.29 points, or 0.4%, higher at 4,415.49 but was 1.6% lower over the week.

The RBR Radio Index was up 5.938, or .6%, to 928.244.

The TVBR Television Index was down .092, or .01%, to 929.158.

Winners
SBS, up 4.4%
CC Media, up 3.1%
Radio One, up 2.3%

Losers
Entravision, down 2.2%
Emmis, down 2.1%
Salem, down 1.8%

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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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