Market went nowhere on Thursday – 1/5/12


The private-sector ADP National Employment Report for December was better than expected. But continued worries about the Euro zone kept downward pressure on US stocks, so the market ended Thursday’s session narrowly mixed. The Dow Jones Industrial Average slipped three points to 12,416, but the S&P 500 and Nasdaq Composite were up slightly. It was also a mixed finish for broadcasting stocks.

The RBR Radio Index was up 1.451, or 0.5%, to 322.161.

The TVBR Television Index was down 1.973, or 0.8%, to 238.362.

Belo, up 5.5%
Dial Global, up 5.1%
Beasley, up 4.9%

ACME, down 13.4%
Entravision, down 3.3%
Radio One, down 3.1%