Stocks rise on hope for Europe


Stocks rose on Friday, sealing their best week this year, on hope Europe would move to combat its economic crisis. Up 3.6% for the week, the Dow Jones Industrial Average added 93.24 points, or 0.8%, to 12,554.20. Broadcasting stocks were up as well.

The RBR Radio Index was up .204, or .05%, to 386.262.

The TVBR Television Index was up 2.984, or 1.4%, to 218.810.

ACME, up 11.2%
Cumulus, up 4.2%
Entravision, up 3.0%

Dial Global, down 3.2%
Gray, down 2.6%
LIN TV, down 1.4%

RBR-TVBR Stock Index