May ended with a Wall Street gain – 5/31/11


Optimism about a solution to the Greek debt crisis put traders in a stock buying mood following the three-day weekend. The Dow Jones Industrial average rose 128 points, or 1%, to 12,570. Broadcasting stocks also had a good day.

The RBR Radio Index was up 8.952, or 2.4%, to 376.637.

The TVBR Television Index was up 3.613, or 1.4%, to 267.886.



Emmis, up 9.4%
Fisher, up 7.2%
CC Media, up 6.2%

SBS, down 5.3%
Entravision, down 3.3%
Nexstar, down 2.7%