Stocks close at multi-year highs


Stocks closed at multi-year highs Thursday following the European Central Bank’s announcement it will buy bonds and positive U.S. job data. The Dow Jones Industrial Average closed up 244.52 points, or 1.9%, at 13,292, its highest close since December 2007. Broadcast stocks were mixed, but mostly higher.

The RBR Radio Index was up 11.550, or 3.0%, to 402.348.

The TVBR Television Index was down .712, or .31%, to 275.195.

Beasley, up 11.4%
Entercom, up 4.7%
Cumulus, up 4.6%

ACME, down 20.7%
Emmis, down 1.7%

Stock Chart