McDonald’s was among the companies reporting strong earnings on Friday, helping to drive stock prices higher. Wall Street also liked the report from GE, but since it no longer owns a broadcasting company we won’t be reporting details. The Dow Jones Industrial Average was up 65 points, or 0.5%, to 13,029. Broadcasting stocks also gained.
The RBR Radio Index was up 2.772, or 0.7%, to 400.801.
The TVBR Television Index was up 1.976, or 0.8%, to 242.064.
Winners
Fisher, up 3.3%
Saga, up 3.3%
Entravision, up 3.3%
Losers
Gray, down 2.3%
Dial Global, down 2.1%
Belo, down 1.1%