S&P 500 breaks three-day win streak

By on Jun, 3 2014 with Comments 0

Stock market ended Tuesday marginally lower, pausing after three straight days of gains. Investors found little comfort in a factory orders report, which was mostly in line with expectations, and better-than-expected monthly car sales. The S&P closed less than a point lower at 1,924.24. The Dow shed 21.29 points, or 0.1%, to 16,722.34. The Nasdaq ended the day down 3.12 points, or 0.1%, at 4,234.08.

The RBR Radio Index was down 10.713, or 1.2%, to 892.310.

The TVBR Television Index was up 2.524, or .3%, to 863.425.

Winners
SBS, up 2.6%
Gray, up 2.1%
Cumulus, up 1.1%

Losers
Saga, down 5.2%
Radio One, down 2.7%
Entercom, down 2.3%

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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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