At last, some good economic news! The payroll check company ADP reported that companies added 114,000 jobs in July. The Dow Jones Industrial Average rose 30 points, or 0.3%, to 11,896. Broadcasting stocks were mixed.
The RBR Radio Index was down 4.442, or 1.4%, to 321.518.
The TVBR Television Index was up 1.272, or 0.5%, to 246.672.
Winners
Westwood, up 6.5%
Beasley, up 5%
LIN, up 4.6%
Losers
CC Media, down 13.9%
SBS, down 10.1%
Sinclair, down 4.6%