The aggregate comment of Street headline writers is that the stock market is growing confident about prospects for the US economy, despite misgivings about other places like Europe. Broadcast stocks benefitted from the feel-good vibe.
The RBR Radio Index rose 8.208, or 1.2%, to 713.625.
The TVBR Television Index rose 7.445, or 0.9%, to 827.163.
Winners
SBS, up 6.1%
Entercom, up 3.7%
iHeart Media, up 2.8%
Losers
Beasley, down 2.1%
Emmis, down 1.5%
Saga, down 1.4%
