Stocks surge on drop in unemployment claims


Stocks rallied Thursday, nearly clearing the prior day’s sharp losses and bringing the benchmark indexes back into the green for the week, after the European Central Bank cut its main refinancing rate and U.S. jobless claims fell to a five-year low. The Dow Jones Industrial Average rose 130.63 points to 14,831.58.

The RBR Radio Index was up 13.868, or 2.7%, to 528.426.

The TVBR Television Index was up 9.450, or 1.7%, to 577.852.

SBS, up 10.8%
Salem, up 5.6%
Entravision, up 10.8%

Sinclair, down 1.4%
Radio One, down .7%
Emmis, down .7%