The Fed indicated that it would keep buying bonds, and that apparently led investors to continue buying stocks, but if they were spending on broadcast issues, they weren’t spending a whole lot more at closing than they were when they rang the bell in the morning. But overall broadcast was in the black.
The RBR Radio Index rose 2.398, or 0.3%, to 725.212.
The TVBR Television Index rose 4.299, or 0.6%, to 717.972.
Nexstar, up 3.2%
Entercom, up 2.3%
Gray, up 2.2%
Sinclair, down 1.1%
Entravision, down 0.9%
Radio One, down 0.8%