Dow lags as IBM drops – 2/2/12


Stocks closed with minor gains for two of the three benchmark indexes Thursday, with investors trading cautiously ahead of Friday’s jobs report and as Greece remained apart from its creditors on the terms of a debt restructuring deal. The Dow ended down 11.12 points, or 0.1%, to 12,705.34, weighed by a 0.6% loss for IBM. Broadcasting stocks were mixed.

The RBR Radio Index was down 1.100, or 0.30%, to 365.180.

The TVBR Television Index was up 2.188, or 0.83%, to 266.719.

LIN TV, up 7.3%
Emmis, up 4.2%
Beasley, up 3.7%
Salem, down 6.3%
Dial Global, down 6.0%
Sinclair, down 3.3%