Dark clouds return to Wall Street – 6/15/11


One day of euphoria on Tuesday faded on Wednesday as Wall Street traders returned to worrying about the Greek debt and the strength of the US recovery. The Dow Jones Industrial Average fell 179 points, or 1.5%, to 11,897. Broadcasting stocks also fell.

The RBR Radio Index was down 5.655, or 1.7%, to 333.619.

The TVBR Television Index was down 3.132, or 1.3%, to 241.872.


CC Media, up 12%
Nexstar, up 4.8%
Emmis, up 3%

Beasley, down 9%
Salem, down 8.1%
Radio One, down 6.6%