U.S. Stocks were down on Friday even though they posted the biggest weekly gain of the year. Investors continue to buy from within the beaten-down sectors. Radio and Television were both able to show gains.
The RBR Radio Index rose 0.093, or 0.02%, to 406.087.
The TVBR Television Index rose 6.604, or 0.80%, to 834.447.
iHeart, up 7.9%
Salem, up 4.1%
Entravision, up 3.2%
Emmis, down 4.0%
Cumulus, down 2.8%
SBS, down 2.2%