Stocks break 6-day win streak

By on Jun, 23 2014 with Comments 0

Stocks ended Monday’s session marginally lower, with the S&P and Dow pausing after six straight days of modest gains. Still, the main benchmarks were trading near record levels. Markets’ reaction to positive economic data, such as the U.S. Markit PMI and existing-home sales was muted. The S&P closed less than a point lower at 1,962.61. The Dow shed 9.82 points, or 0.1%, to 16,937.26. The Nasdaq ended the day flat at 4,368.68.

The RBR Radio Index was up 4.042, or .5%, to 895.519.

The TVBR Television Index was down 4.014, or .5%, to 841.175.

Winners
Beasley, up 3.0%
Radio One, up 2.1%
Salem, up .8%

Losers
Cumulus, down 1.2%
Gray, down 1.0%
Entercom, 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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