Stocks rebounded on Friday – 1/14/11


Strong earnings from JPMorgan Chase and expectations of more good reports to come sent stocks higher on Friday. The Dow Jones Industrial Average rose 55 points, or 0.5%, to 11,787. Broadcasting stocks also had a good day.

US stock markets will be closed on Monday in observance of the Martin Luther King Jr. Holiday.

The RBR Radio Index was up 2.035, or 0.6%, to 373.360.

The TVBR Television Index was up 0.629, or 0.3%, to 223.293.


CC Media, up 13.3%
Beasley, up 2.8%
Salem, up 2.7%

Emmis, down 14.5%
Radio One, down 1.3%
Saga, down 1.2%