Stocks end lower on geopolitical tensions

By on Jul, 21 2014 with Comments 0

Stocks closed lower on Monday as investors remained jittery amid escalating war in Gaza and possible tougher sanctions against Russia. The S&P closed 4.6 points, or 0.2%, lower at 1,973.63, with 9 of 10 sectors in the red. The Dow shed 48.45 points, or 0.3%, to 17,051.73. The Nasdaq slipped by 7.44 points, or 0.2% at 4,424.70.

The RBR Radio Index was up 1.890, or .2%, to 914.555.

The TVBR Television Index was down 6.968, or .8%, to 919.609.

Winners
SBS, up 5.1%
Salem, up 3.2%
Emmis, up 1.5%

Losers
Cumulus, down 4.3%
Entercom, down 2.5%
Entravision, down 2.4%

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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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