When the dollar is weak, it becomes easier to positively impact the balance of international trade, and that seems to have made the folks on Wall Street happy. Broadcast stocks were a happy too, but you wouldn’t say they were deliriously happy.
The RBR Radio Index rose 2.380, or 0.3%, to 724.798.
The TVBR Television Index rose 4.654, or 0.5%, to 923.675.
Radio One, up 2.5%
Cumulus, up 2.1%
Tribune, up 2.1%
SBS, down 2.1%
iHeart, down 1.5%
Emmis, down 0.9%