Finally! A day of broad gains – 8/23/11


Bargain hunters pushed stock prices back up ahead of a major speech later this week by Fed Chairman Ben Bernanke. The Dow Jones Industrial Average rose 322 points, or 3%, to 11,177. Broadcasting stocks also had a good day.

The RBR Radio Index was up 4.812, or 1.8%, to 279.978.

The TVBR Television Index was up 9.234, or 4.7%, to 203.888.


Radio One, up 11.5%
Entravision, up 11.4%
Arbitron, up 6.2%

CC Media, down 7.7%
Emmis, down 6.3%
Salem, down 3.5%