Stocks Drop on Fed Fears

By on Aug, 25 2016 with Comments 0

U.S. stocks dropped Thursday as investors are waiting on the result of the upcoming Federal Reserve meeting. Radio was able to post a small gain, while Television posted a loss.

The RBR Radio Index rose 6.231, or 0.97%, to 649.977.

The TVBR Television Index fell 3.597, or 0.39%, to 909.400.

Gainers
iHeart, up 3.7%
Cumulus, up 1.8%
Saga, up 0.6%

Decliners
CBS, down 1.3%
Radio One, down 1.8%
Gray, 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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