Stocks Post Fourth Day of Gains

By on Mar, 30 2016 with Comments 0

U.S. stocks rose today to mark the fourth day in a row of gains prompted by the Fed’s intention to keep interest rates low. Radio and Television did not follow the market, with both posting losses.

The RBR Radio Index fell 3.375, or 0.73%, to 460.564.

The TVBR Television Index fell 5.716, or 0.63%, to 901.830.

Winners
Emmis, up 10.2%
Salem, up 6.2%
Beasley, up 2.0%

Losers
iHeart, down 9.1%
SBS, down 7.2%
Cumulus, down 4.0%

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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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