With the results hours away, Wall Street bet on a victory for Democratic hopeful Hillary Clinton on Tuesday.
The Dow Jones Industrials Average improved 73.14, to 18,332.74. Nasdaq jumped 27.32, to 5,193.49.
The good vibes weren’t universally felt, however, as lower-than-anticipated political dollars led investors to sell shares in Entercom (-3.8%, to $12.65), Salem (-8.8%, to $5.20), and Gray Television (off 10.4%, to $7.35).
The RBR Radio Index fell 9.623, or 1.73%, to 546.440.
The TVBR Television Index fell 10.518, or 1.23%, to 844.255.
Gainers
Radio One, up 2.0%
Nexstar, up 1.8%
Saga, up 0.8%
Decliners
Gray, down 10.4%
Salem, down 8.8%
iHeart, down 6.4%