Dow breaks 5-day winning streak

By on Jun, 11 2014 with Comments 0

Stock market fell on Wednesday, with the Dow snapping a five-day winning streak and retreating from the record level reached on Tuesday. The blue-chip index recorded its first triple-digit decline in three weeks. The S&P closed 6.90 points, or 0.4%, lower at 1,943.89. The Dow dropped 102.04 points, or 0.6%, to 16,843.88. The Nasdaq ended the day down 6.07 points, or 0.1% at 4,331.93.

The RBR Radio Index was down 7.330, or .8%, to 894.092.

The TVBR Television Index was down 4.340, or .5%, to 878.444.

Winners
SBS, up 2.2%
Beasley, up 1.1%
CBS, up 1.1%

Losers
Salem, down 4.7%
Entravision, down 1.8%
Cumulus, down 1.7%

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About The Author: RBR+TVBR has been reporting on the business of broadcasting for nearly three decades. Beholden to no one, it is independently owned.

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