Competing forces marked Friday trading – 1/6/12


An improvement in the US jobs situation was good news for Wall Street. But more Euro zone worries made for bad news. So it was a tug-of-war trading session. In the end, the market closed mixed. The Dow Jones Industrial Average was down 56 points, or 0.5%, to 12,360. The S&P 500 was also down, but the Nasdaq Composite up. Broadcasting stocks were also mixed.

The RBR Radio Index was up 1.254, or 0.4%, to 323.415.

The TVBR Television Index was down 2.203, or 0.9%, to 236.159.

Emmis, up 5.3%
Salem, up 4%
Nexstar, up 2.2%

Entravision, down 8.1%
Arbitron, down 2.6%
Dial Global, down 2.5%