U.S. small caps lead broad stock-market gains

By on Aug, 11 2014 with Comments 0

U.S. stocks advanced Monday, led by a rally in small-cap companies, though continued tensions in Ukraine and the Middle East put a cap on the S&P 500’s gains. The S&P 500 +0.28% rose 5.32 points, or 0.3%, to 1,936.91, consumer staples and technology stocks lead the gains. The Dow Jones Industrial Average +0.10% gained as much as 75 points in the morning, but pared gains in the afternoon. The blue-chip index closed 16.05 points, or 0.1%, higher at 16,569.98. The Nasdaq Composite +0.70% ended the day up 30.43 points, or 0.7%, at 4,401.33.

The RBR Radio Index was up 1.719, or 0.21%, to 802.923

The TVBR Television Index was down 9.322, or 1.08%, to 852.951

Winners
SBS, up 6.9%
Radio One, up 3.5%
CBS, up 1.6%

Losers
Cumulus, down 5.8%
Entravision, down 5.1%
Lin TV, down 3.7%

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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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