Stocks Rebound After Five Day Decline
U.S. stocks rose Thursday, after five straight days of declines, thanks to gains in telecommunications and utility shares. Radio and Television didn’t follow the market, with both posting losses.
The RBR Radio Index fell 7.353, or 1.31%, to 555.297.
The TVBR Television Index fell 4.086, or 0.44%, to 926.861.
CBS, up 2.4%
Fox, up 0.6%
Entercom, up 0.2%
Cumulus, down 4.1%
Radio One, down 3.8%
Emmis, down 2.5%