Stocks drop 124 on disappointing jobs news


Stocks closed broadly lower Friday as disappointing data on jobs growth fueled broad losses among equities and commodities. The Dow Jones Industrial Average fell 124 points, or 1%, to close at 12,772.47. The index finished off the session’s low of 12,702.99 and ended down 0.8% for the week. Radio and television stocks were off as well.

The RBR Radio Index was down .609, or .13%, to 453.764.

The TVBR Television Index was down .375, or .16%, to 238.849.

Radio One, up 4.4%
LIN TV, up 3.7%
SBS, up 2.8%

Arbitron, down 2.6%
Salem, down 2.0%
Saga, down 1.7%

Stock Index