Stocks rose after jobs report – 5/6/11


The latest report from the Labor Department showed more new jobs than private analysts had expected, so stock prices got a boost on Friday. The Dow Jones Industrial Average was up 55 points, or 0.4%, to 12,639. Broadcasting stocks, however, missed out.

The RBR Radio Index was down 4.214, or 1.1%, to 393.188.

The TVBR Television Index was down 4.356, or 1.6%, to 364.048.



Radio One, up 4.5%
Entravision, up 2.8%
Gray, up 1.3%

ACME, down 16.7%
CC Media, down 10.5%
Westwood, down 6.3%