Stocks extend longest down streak since May

0

Stock indexes on Thursday extended their longest losing streak in nearly eight weeks as investors worried about global growth, corporate outlooks and the inability of politicians in Europe as well as Washington to implement fiscal policy. The Dow Jones Industrial Average declined 31.26 points, or 0.3%, to close at 12,573.27. Broadcast stocks were down as well.


The RBR Radio Index was down 4.265, or 1.0%, to 434.424.

The TVBR Television Index was down 3.475, or 1.5%, to 229.586.

Winners
Emmis, up 1.7%
CC Media, up 1.3%
Belo, up .6%

Losers
LIN TV, down 6.2%
Nexstar, down 4.1%
Dial Global, down 3.9%

Stock Chart