Stocks rise on “buy-the-dip” mentality


Stocks shed Monday losses to end modestly higher as investors again viewed a market drop as a buying opportunity. The jobs report prompted worries the U.S. economy had hit a soft patch. After a 67-point fall during the day, the Dow Jones Industrial Average ended at 14,613.48, up 48.23 points, or 0.3%.

The RBR Radio Index was up 3.354, or .7%, to 510.084.

The TVBR Television Index was up 14.563, or 2.9%, to 523.121.

Gray, up 5.4%
Entravision, up 5.4%
Nexstar, up 4.7%

Emmis, down 1.3%
Cumulus, down 1.2%
Entercom, down 0.4%