According to reports, members of the Fed have been whispering sweet and soothing words after initially scaring the living daylights out of stock traders, and along with other positive news, it has helped boost prices. Radio benefitted the most among broadcast companies, and all but two – both on the TV side — were flat or better.
The RBR Radio Index rose 14.356, or 2.3%, to 633.941.
The TVBR Television Index rose 5.553, or 0.8%, to 702.503.
Entravision, up 7.1%
Beasley, up 6.3%
Emmis, up 4.6%
LIN, down 3.7%
Sinclair, down 1.4%