Stocks rise on good news squared
An excellent employment report and a strong dollar spurred a rally on Wall Street. Television companies were happy to partake, while radio stocks edged just a smidge beyond where they started when the market opened Friday morning.
The RBR Radio Index rose 1.727, or 0.2%, to 708.967.
The TVBR Television Index rose 24.861, or 3.5%, to 745.081.
Entravision, up 5.7%
Gray, up 5.5%
LIN TV, up 4.9%
Cumulus, down 2.1%
Radio One, down 0.4%
Salem, down 0.1%