Stocks rally, post weekly gains

By on Jul, 18 2014 with Comments 0

Stocks finished the volatile week with modest gains, helped by a bounce on the main benchmarks Friday. Investors focused on earnings reports from companies such as Google and Huntington Bancshares and brushed aside implications of a Malaysia Airlines crash in Ukraine and Israel’s invasion of Gaza, which triggered a selloff Thursday. The S&P 500 rose 20.1 points, or 1%, to 1,978.22. The Dow added 123.37 points, or 0.7%, to 17,100.18. The Nasdaq jumped 68.70 points, or 1.6%, to 4,432.15.

The RBR Radio Index was up 4.366, or .5%, to 912.665.

The TVBR Television Index was up 6.030, or .7%, to 926.577.

Winners
Beasley, up 3.4%
Sinclair, up 1.8%
Entercom, up 1.5%

Losers
SBS, down 2.7%
Emmis, down .4%
CBS, down .2%

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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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