Stocks advanced Tuesday on oil retreat – 3/8/11

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Once again oil prices dominated the stock market, but on Tuesday oil prices were easing, so stock rose. The Dow Jones Industrial Average was up 124 points, or 1%, to 12,214. Broadcasting stocks joined in the advance, with nearly all gaining for the day.


The RBR Radio Index was up 6.176, or 1.6%, to 404.112.

The TVBR Television Index was up 4.747, or 1.9%, to 261.566.

 

 

Winners
SBS, up 6.2%
LIN, up 5%
CC Media, up 2.9%

Losers
Arbitron, down 0.6%
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