Optimism trumps Egyptian worries – 1/31/11


Despite continued unrest in Egypt, Wall Street traders focused on strong earnings reports and pushed stock prices higher on Monday, the last day of January. The Dow Jones Industrial Average rose 68 points, or 0.6%, to 11,892. Broadcasting stocks advanced.

The RBR Radio Index was up 0.156, or 0.1%, to 346.878.

The TVBR Television Index was up 2.993, or 1.4%, to 215.666.



Sinclair, up 4%
LIN, up 3.4%
Arbitron, up 2.9%

CC Media, down 2.9%
SBS, down 2%
Salem, down 0.9%