Stocks gain Friday on hopes for Fed easing

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Fresh hopes of stimulus from both the Federal Reserve and European Central Bank buoyed U.S. stocks, the dollar and gold on Friday. The Dow Jones Industrial Average added 101 points, or 0.8%, to 13,158. SBS took a hit on the FCC fine in NYC. Broadcast stocks were mixed.


The RBR Radio Index was down 3.254, or .8%, to 390.707.

The TVBR Television Index was up 2.872, or 1.1%, to 271.749.

Winners
Entravision, up 6.0%
Saga, up 2.6%
Radio One, up 2.3%

Losers
SBS, down 9.4%
Emmis, down 2.7%
Cumulus, down 2.5%

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