Global market a downer on Monday


China cut its growth estimates, which sent price for some basic material dropping – and stocks as well. The Dow Jones Industrial Average was down 15 points, or 0.1%, to 12,963. Broadcasting stocks fell with the market.

The RBR Radio Index was down 6.228, or 1.8%, to 336.982.

The TVBR Television Index was down 0.876, or 0.4%, to 252.097.

Nexstar, up 2.3%
Dial Global, up 2.1%
Cumulus, up 1.8%

SBS, down 8.9%
Beasley, down 4%
Entercom, down 3.7%