Stock gains capped amid worries over Iraq

By on Jun, 16 2014 with Comments 0

Stocks ended Monday’s choppy trading session marginally higher. The main benchmarks dipped in and out of negative territory as investors weighed upbeat economic reports and deal news against concerns over escalating sectarian violence in Iraq. The S&P closed 1.62 points, or 0.1%, higher at 1,937.78. The Dow added 5.27 points to 16,781.01. The Nasdaq ended the day up 10.45 points, or 0.2% at 4,321.11.

The RBR Radio Index was down 2.669, or .3%, to 883.029.

The TVBR Television Index was up 8.026, or .9%, to 875.104.

Winners
Emmis, up 2.9%
Beasley, up 2.5%
Gray, up 2.1%

Losers
Saga, down 5.4%
Radio One, down 3.5%
SBS, down 1.0%

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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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