Stocks Move Downward To Start Week


U.S. financial markets moved downward on Monday, with the Dow Industrials shedding 320.04 points to finish the day at 35,650.95 and the Nasdaq index losing 217.32 points, finishing at 15,413.28.

While the general indices were down, several broadcast media industry stock prices finished the day in the green.

Sinclair Broadcasting Group gained $0.49, to finish the day at $25.92, while Saga Communications was also on the rise.

That said, many companies were down, including Cumulus Media and Beasley Media Group, which saw its shares dip below the $2 mark to $1.96.