A positive report on the employment front plus somewhat encouraging signs regarding China helped fuel a big day of trading, and radio companies for the most part tagged along for the ride, led by Emmis, which was less than half a point away from a double-digit day. But television stocks just barely moved beyond where they started the day.
The RBR Radio Index rose 16.270, or 2.4%, to 694.811.
The TVBR Television Index rose 0.2, or 1.424%, to 716.077.
Emmis, up 9.6%
Radio One, up 5.9%
SBS, up 4.7%
CC Media, down 2.9%
Entravision, down 2.6%
Sinclair, down 1.4%