Delayed reaction to bad jobs news
Friday’s disappointing jobs report wasn’t forgotten as Wall Street reopened Monday after a three-day weekend. The Dow Jones Industrial Average dropped 130 points, or 1%, to 12,930. Broadcasting stocks were not spared from the fallout.
The RBR Radio Index was down 3.862, or 1%, to 377.984.
The TVBR Television Index was down 6.273, or 2.4%, to 255.949.
Dial Global, up 1.3%
Salem, up 0.4%
Entravision, down 7.6%
Emmis, down 5%
Sinclair, down 3.4%