Stocks drop with consumer confidence
A drop in the Conference Board’s Consumer Confidence Index was not welcome news on Wall Street – and reason to put the brakes on the recent rally. The Dow Jones Industrial Average fell 44 points, or 0.3%, to 13,198. Broadcasting stocks slipped with the market.
The RBR Radio Index was down 1.860, or 0.5%, to 376.531.
The TVBR Television Index was down 1.491, or 0.6%, to 267.176.
ACME, up 11.1%
SBS, up 10.6%
Salem, up 0.4%
Saga, down 10.9%
Nexstar, down 3.5%
Gray, down 3%