Stocks rally on Spain and U.S. jobs picture


Stocks rose sharply Thursday, with the S&P 500 index rebounding after a five-session losing spell, after Spain detailed an austerity plan that focuses on spending cuts instead of tax increases and stronger-than-expected data on the U.S. jobs market. Dialing back from a 109-point advance, the Dow Jones Industrial Average ended up 72.46  points, or 0.5%, to 13,485.97, with 23 of its 30 components advancing.

The RBR Radio Index was up 14.237, or 3.5%, to 421.780.

The TVBR Television Index was up 3.369, or 1.1%, to 311.811.

CC Media, up 33.0%
Emmis, up 3.7%
Belo, up 3.5%

Beasley, down 5.4%
SBS, down 2.8%
Dial Global, down .3%

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