Stocks fall; Dow in triple-digit loss

By on Aug, 5 2014 with Comments 0

Stocks closed sharply lower on Tuesday following reports that Russia is building up its military presence on the border with Ukraine. Ebola fears didn’t help either. The S&P closed 18.78 points, or 1%, lower at 1,920.21. The Dow dropped 139.81 points, or 0.8%, to 16,429.47. The Nasdaq fell 31.05 points, or 0.7%, to 4,352.84.

The RBR Radio Index was down 37.959, or 4.5%, to 813.271.

The TVBR Television Index was down 18.148, or 2.0%, to 871.933.

Winners
Entercom, up 1.3%
Saga, up 1.0%
n/a

Losers
Radio One, down 19.6%
SBS, down 13.8%
Gray, down 4.2%

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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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