Stocks closed higher on Monday, while quarterly performance for the main indexes was mixed. On Monday, investors welcomed the news that the European Central Bank may start quantitative easing to address the threat of deflation in the euro-zone. The S&P ended the day 8.40 points, or 0.5%, higher at 1,872.33, and recorded a 0.7% gain for the month. The Dow closed up 134.60 points, or 0.8%, at 16,457.66 and is 0.8% higher on the month. However, the blue-chip index lost 0.7% over the past quarter.
The RBR Radio Index was up 13.968, or 1.5%, to 965.573.
The TVBR Television Index was up 9.885, or 1.2%, to 804.342.
Cumulus, up 7.6%
Gray, up 5.4%
Entravision, up 4.8%
ACME, down 6.7%
CC Media, down 3.4%
CBS, down .4%