Stocks extend rise as IBM, tech lead


Stocks extended gains into a third session Thursday, led by tech stocks, as investors bought on relief earnings were largely beating expectations and helped by the latest round of results from blue-chip IBM and eBay. The Dow Jones Industrial Average rose 34.66 points, or 0.3%, to 12,943.66. Broadcast stocks were down, however.

The RBR Radio Index was down 12.983, or 3.1%, to 410.594.

The TVBR Television Index was down 2.884, or 1.2%, to 233.475.

Nexstar, up 6.0%
Fisher, up 1.1%
CBS, up .6%

CC Media, down 18.2%
ACME, down 9.1%
Entravision, down 5.6%

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