DJIA plunges on Fed news – 9/21/11


The Dow was down 284 points or 2.5% yesterday after the Federal Reserve made it official – there’ll be no change in rates and “Operation Twist” is a go: shifting $400 billion from short-term treasuries into long-term treasuries in an effort to boost lending and spur the economy.

The RBR Radio Index was down 15.713, or 5.7%, to 262.142.

The TVBR Television Index was down 6.529, or 3.3%%, to 190.024.



Salem, up 4.0%
Nexstar, up 1.3%
Beasley, up 0.5%

Westwood One, down 24.1%
SBS, down 23.8%
LIN TV, down 7.9%