Stocks close lower on investor caution


Stocks closed lower Thursday after paring earlier losses as investors treaded lightly awaiting a correction of the market’s recent rally. The Dow Jones Industrial Average fell 42.47 points, or 0.3%, to close at 13,944.05.

The RBR Radio Index was up .071, or 0.0%, to 474.887.

The TVBR Television Index was down 16.309, or 3.7%, to 424.040.

Saga, up 2.0%
Cumulus, up 1.6%
CBS, up 1.1%

ACME, down 12.5%
Nexstar, down 8.2%
Gray, down 6.0%