Stocks Rise Along With Interest Rates

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Stocks rose today as the Federal Reserve increased short-term interest rates by a quarter-percentage-point. Radio and Television seemed to like the decision, as well, with both posting gains.


The RBR Radio Index rose 13.938, or 3.53%, to 409.261.

The TVBR Television Index rose 24.745, or 2.69%, to 945.544.

Winners
iHeart, up 29.4%
Nexstar, up 6.8%
Tribune, up 5.3%

Losers
SBS, down 4.8%
Radio One, down 1.2%
Beasley, down 0.6%

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