Stocks on Monday retreated from near five-year highs as investors braced for what’s expected to be a weak earnings season. The Dow Jones Industrial Average slid 26.5 points, or 0.2%, to 13,583.65. Broadcast stocks, however, were up.
The RBR Radio Index was up .995, or .2%, to 426.631.
The TVBR Television Index was up 2.254, or .7%, to 330.341.
Winners
Emmis, up 5.3%
LIN TV, up 5.1%
CC Media, up 4.1%
Losers
Entercom, down 3.7%
Dial Global, down 2.9%
Sinclair, down 2.2%