Job news spurs stock spurt – 12/22/11

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Wall Street cheered as new jobless benefits claims declined. The Dow Jones Industrial Average gained 62 points, or 0.5%, to 12,170. Most broadcast stocks were up.


The RBR Radio Index was up 5.201, or 1.8%, to 294.897.

The TVBR Television Index was up 3.499, or 1.5%, to 240.922.

 

 

 

Winners
SBS, up 18.3%
Entravision, up 10.6%
Dial Global, up 6.9%

Losers
CC Media, down 9.9%
Nexstar, down 4.3%
Radio One, down 3.9%