Dow gains Friday, but drops 1.8% for the week


The Dow and the S&P 500 posted modest gains on Friday, while the Nasdaq Composite finished lower, weighed down by Oracle. Stocks posted losses for the week, which was marked by turbulence sparked by the Fed’s signal that it plans to scale back quantitative easing later this year. The Dow gained 41.08 points, or 0.3%, on Friday to end at 14,799.40, leaving it down 1.8% for the week.

The RBR Radio Index was down 4.483, or .7%, to 623.640.

The TVBR Television Index was up 9.817, or 1.5%, to 685.962.

Entravision, up 9.1%
Nexstar, up 2.5%
Emmis, up 1.8%

CC Media, down 5.2%
Beasley, down 3.1%
Radio One, down 1.7%