Stock rise after three-day weekend – 1/17/12


A report from the Federal Reserve Bank of New York showed stronger growth in manufacturing than had been expected. Also Tuesday, favorable economic news from Germany and China gave a boost to Wall Street. The Dow Jones Industrial Average rose 60 points, or 0.5%, to 12,482. Broadcasting stocks rose with the tide. 

The RBR Radio Index was up 1.493, or 0.5%, to 331.241.

The TVBR Television Index was up 1.831, or 0.8%, to 240.249.

Salem, up 5.2%
Gray, up 4.6%
SBS, up 1.8%

Dial Global, down 4.8%
Beasley, down 2.4%
Entravision, down 1.4%