Dow closes out a strong week


Stocks again moved higher Friday, capping a weekly gain, as upbeat corporate results outweighed a weaker-than-expected report on Q1 economic growth. The Dow Jones industrial average rose 28 points, or 0.2%, to end at 13,228. Broadcasting stocks fared well again, too.

The RBR Radio Index was up 7.718, or 1.9%, to 408.708.

The TVBR Television Index was up 6.762, or 2.7%, to 253.292.

Radio One, up 6.8%
Entercom, up 6.7%
Cumulus, up 5.6%

CC Media, down 7.0%
SBS, down 2.4%
Saga, down 1.1%

RBR-TVBR Stock Index