A Soft Start To Wall Street’s Trading Week


U.S. financial markets saw mostly red on Monday, in the wake of a fresh terrorist attack in Great Britain. The Dow Jones Industrial Average fell 22.25 points to 21,184.04, while the Nasdaq Composite dipped 10.11, to 6,295.68.

Key decliners include Sirius XM, CBS Corp., and Cumulus Media.

Shares in SIRI were off 1.9%, to $5.38, on rumors that Verizon is exploring a $100 million investment in Pandora—thus thwarting a possible takeover of the beleaguered streaming media company by its longtime suitor.

CBS was down all day, finishing at $60.34 and seeing a 1.6% drop.

Cumulus dipped on word that it has initiated a rights agreement that could be designed to thwart a hostile takeover bid.

For a full look at today’s closing prices, please visit the Wall Street Report on the homepage of RBR.com.