Goldman Sachs reported better than expected financial results and sent stock prices higher on Wednesday. The Dow Jones Industrial Average rose 97 points, or 0.8%, to 12,579. Broadcasting stocks joined in the celebration.
The RBR Radio Index was up 0.331, or 0.1%, to 331.572.
The TVBR Television Index was up 3.686, or 1.5%, to 243.935.
Winners
CC Media, up 4.8%
Entercom, up 4%
ACME, up 3.2%
Losers
Beasley, down 5.1%
Dial Global, down 4.5%
Emmis, down 2.5%