Stocks Soar After Fed Decision

By on Sep, 21 2016 with Comments 0

U.S. stocks soared Wednesday after the Federal Reserve’s decision to not raise interest rates. Radio and Television followed the market, with both posting gains.

The RBR Radio Index rose 5.062, or 0.80%, to 640.830.

The TVBR Television Index rose 3.504, or 0.40%, to 879.790.

Gainers
iHeart, up 4.8%
Salem, up 3.9%
Saga, up 2.5%

Decliners
SBS, down 3.0%
Tribune, down 2.2%
Radio One, down 1.6%

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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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