Nobody can be sure what either the Fed or Congress are up to, and that makes for skittish stock trading. Suffice it to say that the market fell on Friday, and broadcast stocks fell with it. Radio moreso than TV.
The RBR Radio Index fell 11.651, or 1.6%, to 713.433.
The TVBR Television Index fell 4.641, or 0.6%, to 716.528.
Winners
Entercom, up 4.5%
LIN TV, up 3.1%
Salem, up 1.1%
Losers
Emmis, down 12.8%
SBS, down 8.0%
Gray, down 4.6%
