Fed minutes boost market a bit – 8/30/11

0

Minutes released from the last Fed meeting indicated that the central bank is looking at further efforts to stimulate the economy, which drew at least light applause from Wall Street traders. The Dow Jones Industrial Average rose 21 points, or 0.2%, to 11,560. Broadcasting stocks were mixed.


The RBR Radio Index was up 0.414, or 0.1%, to 295.120.

The TVBR Television Index was down 1.209, or 0.6%, to 210.482.

 

Winners
Emmis, up 4.7%
SBS, up 3.6%
ACME, up 1.4%

Losers
Sinclair, down 4.1%
Entravision, down 5.4%
Radio One, down 3.5%