Rally stalled on Wednesday


Following Tuesday’s run-up led by bank stocks, the market was pretty flat on Wednesday. The Dow Jones Industrial Average managed a tiny 16 point gain, or 0.1%, to finish the day at 13,194 and the Nasdaq Composite was up slightly, while the S&P 500 slipped. Broadcasting stocks were also mixed.

The RBR Radio Index was up 2.443, or 0.7%, to 360.338.

The TVBR Television Index was down 1.111, or 0.4%, to 261.714.

Radio One, up 5%
Emmis, up 3.5%
Salem, up 3.1%

SBS, down 2.6%
Entravision, down 2.3%
Entercom, down 1.8%

RBR-TVBR Stock Index