Stocks end lower; Europe worries resurface

By on Jul, 10 2014 with Comments 0

Stocks fell, but ended well off the day’s lows, as a decision by one of Portugal’s biggest banks to delay a debt payment reminded investors of the fragility of Europe’s banking system. The S&P closed down 8.12 points, or 0.4%, to 1,964.71. The Dow dropped as much as 180 points at session lows, but ended the day down 70.35 points, or 0.4%, at 16,915.20. The Nasdaq lost 22.83 points, or 0.5%, to 4,396.20.

The RBR Radio Index was down 6.342, or .7%, to 922.306.

The TVBR Television Index was down 15.082, or 1.6%, to 929.207.

Winners
Entercom, up 2.4%
Salem, up .2%
n/a

Losers
Sinclair, down 3.6%
CBS, down 3.3%
Beasley, down 3.2%

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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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