Dow falls most in more than a month

By on Jun, 24 2014 with Comments 0

News reports of cross-border airstrikes in Iraq triggered a late afternoon selloff on Wall Street, sending U.S. stocks sharply lower on Tuesday. The Dow had its worst one-day point loss in more than a month. It dropped 119.13 points, or 0.7%, to 16,818.13. The S&P closed 12.63 points, or 0.6%, lower at 1,949.98. The Nasdaq ended the day down 18.32 points, or 0.4%, at 4,350.36.

The RBR Radio Index was down 13.473, or 1.5%, to 882.046.

The TVBR Television Index was up 9.015, or 1.1%, to 850.190

Winners
Entravision up 5.2%
LIN TV up 2.1%
SBS up 1.3%

Losers
Cumulus down 4.4%
Emmis down 4.3%
Beasley down 2.9%

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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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