Oil up, stocks down on Friday – 4/8/11

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A spike in oil prices sent stock prices, particularly transportation issues, lower on Friday. The Dow Jones Industrial Average fell 29 points, or 0.2%, to 12,380. Broadcasting stocks joined the retreat.


The RBR Radio Index was down 3.843, or 1%, to 391.877.

The TVBR Television Index was down 5.610, or 2%, to 275.539.

 

 

Winners
Emmis, up 3%
Radio One, up 2.8%
Saga, up 0.4%

Losers
Entravision, down 6.8%
Nexstar, down 4.8%
SBS, down 4.5%