S&P 500 ends lower Friday, pulling back from record

By on Aug, 22 2014 with Comments 0

Stocks closed mostly lower on Friday, with the S&P 500 pulling back from Thursday’s record close as Ukraine-Russia worries ramped up again. The S&P slipped by 3.97 points, or 0.2%, to finish at 1,988.40, while the Dow shed 38.27 points, or 0.2%, to end at 17,001.22. The Nasdaq bucked the negative trend, tacking on 6.45 points, or 0.1%, to close at 4,538.55.

The RBR Radio Index was down .424, or .1%, to 790.047.

The TVBR Television Index was down 3.486, or .4%, to 826.177.

Winners
Saga, up 2.0%
CC Media, up 1.4%
Emmis, up .8%

Losers
Radio One, down 3.3%
Sinclair, down 2.0%
Beasley, down 1.3%

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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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