Negative data from some private economic surveys and further declines in commodity prices sent stock prices lower on Wednesday. The Dow Jones Industrial Average was down 84 points, or 0.7%, to 12,724. Broadcasting stocks also fell.
The RBR Radio Index was down 8.355, or 2.1%, to 388.966.
The TVBR Television Index was down 2.296, or 0.8%, to 273.367.
Winners
CBS, up 7.8%
Westwood, up 1.1%
Entercom, up 0.8%
Losers
CC Media, down 10%
Beasley, down 7.3%
Emmis, down 4.8%