There wasn’t much news to move the market on Wednesday, but it was encouraging that stock prices mostly held their gains from Tuesday and the market closed nearly flat, with the Nasdaq Composite down just a smidge, while other major indices were up. The Dow Jones Industrial Average rose 21 points, or 0.2%, to 12,418. Broadcasting stocks were also narrowly mixed.
The RBR Radio Index was up 3.144, or 1%, to 320.710.
The TVBR Television Index was down 1.234, or 0.5%, to 240.335.
SBS, up 3.4%
Arbitron, up 2.5%
CBS, up 2.3%
Entravision, down 3.8%
LIN, down 2.7%
Fisher, down 2.4%