Stocks Rise After Fed Decision

By on Apr, 27 2016 with Comments 0

U.S. stocks rose Wednesday as the Federal Reserve said that it was in no hurry to raise interest rates. Radio and Television did not follow the market, with both showing losses.

The RBR Radio Index fell 0.314, or 0.06%, to 502.520.

The TVBR Television Index fell 5.850, or 0.60%, to 962.868.

Winners
Beasley, up 1.9%
Saga, up 1.8%
SBS, up 1.2%

Losers
Radio One, down 4.5%
Gray, down 2.1%
Salem, down 1.2%

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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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