Stocks Slump Due to Fed Uncertainty

By on Aug, 16 2016 with Comments 0

U.S. stocks fell Tuesday thanks to the Federal Reserve’s uncertainty about the course of interest rates. Radio and Television followed the market, with both posting losses.

The RBR Radio Index fell 1.113, or 0.18%, to 634.238.

The TVBR Television Index fell 10.561, or 1.13%, to 926.726.

Winners
Radio One, up 2.7%
SBS, up 2.0%
n/a

Losers
Sinclair, down 2.1%
Entravision, down 2.1%
Cumulus, down 2.0%

Stocks-081616A

 

 

 

 

 

 

 

 

 

 

 

Stocks-081616B

 

 

 

 

 

 

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.

Comments are closed.