Stocks Surge on Rising Oil Prices

By on Nov, 21 2016 with Comments 0

U.S. financial markets hit record highs in Monday’s trading on Wall Street, with the Dow Jones Industrial Average climbing 88.76, to 18,956.69, as oil prices gained. Nasdaq gained 47.35, to 5,368.86. CBS climbed 29 cents, to $60.29, as the separation of CBS Radio moves ever-closer.

Moving downward was Viacom, which fell 60 cents, to $41.45.

Other decliners include Nexstar, which fell $1.05, to $57.95.

The RBR Radio Index fell 1.963, or 0.32%, to 912.737.
The TVBR Television Index fell 4.623, or 0.49%, to 941.813.

 

Gainers

SBS, up 9.3%
Entravision, up 0.8%
Saga, up 0.5%

Decliners

Beasley, down 4.7%
Salem, down 3.2%
Sinclair, down 2.6%

Filed Under Broadcasting Stocks

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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