It was another banner day for stocks in lower Manhattan, as the Dow Jones Industrial Average surged ahead 223.92 points, to 26,616.71. The Nasdaq Composite index was up 94.61, to 7,505.77.
Enjoying gains on Wall Street Friday were Viacom and CBS Corp., as rumors persist that National Amusements wants the two companies back together again.
Viacom’s Class B shares improved by 48 cents, to $34.09. CBS was up 73 cents, to $60.
That ends eight days under the $60 benchmark for CBS shares and back on a growth trajectory that ended Dec. 18, 2017.
Others up on Friday include American Tower Corp., rising $2.15 to $145.11 for a 1.5% gain.
Entercom lost ground, falling 5 cents to $10.95.
