Government offices were closed Monday for Columbus Day, but not the stock markets – and it was a good day for the markets. Stocks surged on news from Europe that France and Germany were committed to resolving the Euro-zone financial problems. The Dow Jones Industrial Average rose 330 points, or 3%, to 11,433. Broadcasting stocks also advanced.
The RBR Radio Index was up 7.018, or 2.7%, to 266.274.
The TVBR Television Index was up 14.126, or 7.4%, to 205.385.
Gray, up 13.2%
Sinclair, up 10%
Nexstar, up 9.8%