Jobs looked good, but fed speculation wasn’t, and as a result the stock markets could not pick a clear direction to move in. Radio did, however, posting a nice gain on average led by surging Salem. Television was two bits better than flat.
The RBR Radio Index rose 8.640, or 1.5%, to 734.489.
The TVBR Television Index rose 2.413, or 0.25%, to 977.317.
Salem, up 9.2%
Cumulus, up 4.1%
Emmis, up 1.7%
iHeart, down 4.1%
SBS, down 1.6%
Tribune, down 1.2%