Stocks drop 124 on disappointing jobs news

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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.

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

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

Stock Index