Stocks rally, posting strong weekly gains


Stocks ended higher on Friday and posted strong weekly gains, as encouraging economic reports from Germany and China buoyed the mood on Wall Street. Early indications of Black Friday sales pointed to momentum for U.S. retailers as they head into the all-important holiday season. The Dow Jones Industrial Average rallied 172.79 points, or 1.4%, to end at 13,009.68; for the week, it gained 3.4%.

The RBR Radio Index was up 7.978, or 1.8%, to 400.728.

The TVBR Television Index was down 1.529, or .5%, to 316.859.

Beasley, up 5.5%
Cumulus, up 3.6%
CBS, up 3.0%

Entravision, down 2.4%
Gray, down 1.8%
SBS, down 1.2%