The Institute for Supply Management issued a factory activity report for February which was stronger than economists had expected and that helped keep stock prices moving up as the new quarter began. The Dow Jones Industrial Average gained 52 points, or 0.4%, to 13,264. Broadcasting stocks had another good day as well.
The RBR Radio Index was up 6.744, or 1.7%, to 394.005.
The TVBR Television Index was up 4.465, or 1.7%, to 268.911.
Dial Global, up 12.5%
Radio One, up 6.2%
Gray, up 5.3%
Emmis, down 3%
Salem, down 2.6%
SBS, down 1.5%