Stocks on Friday tallied their first back-to-back weekly wins in more than a month on optimism about potential coordinated action by global central banks to stabilize markets if needed after Sunday’s Greek elections. The Dow Jones Industrial Average rose 115.26 points, or 0.9%, to 12,767.17, up 1.7% from the week-ago close. Radio and Television stocks were up as well.
The RBR Radio Index was up 2.955, or .76%, to 390.380.
The TVBR Television Index was up 2.363, or 1.1%, to 221.619.
Winners
LIN TV, up 11.0%
SBS, up 8.0%
Salem, up 4.4%
Losers
Radio One, down 2.7%
Emmis, down 2.7%
Beasley, down 1.6%