Stocks Fall on Interest Rate Expectations

By on May, 17 2016 with Comments 0

U.S. stocks fell Tuesday as investors expect higher interest rates after good economic data. Radio and Television followed the market, with both showing losses.

The RBR Radio Index fell 12.107, or 2.49%, to 473.696.

The TVBR Television Index fell 15.274, or 1.65%, to 909.202.

Winners
Emmis, up 6.0%
Beasley, up 0.7%
n/a

Losers
SBS, down 12.5%
Cumulus, down 4.9%
Entercom, down 3.9%

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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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