Data on U.S. factory orders weighed on stocks yesterday. The data soured sentiment about domestic growth, but stocks did end up recovering most of the day’s losses. The Dow Jones Industrial Average ended down for a fourth day – by 17 points, or 0.1%, to 12,101. Broadcast stocks, however, saw a positive day.
The RBR Radio Index was up 1.694, or .45%, to 374.214.
The TVBR Television Index was up 4.283, or 2.1%, to 210.594.
ACME, up 12.4%
Dial Global, up 9.6%
Arbitron, up 4.5%
SBS, down 8.6%
Radio One, down 5.0%
LIN TV, down 1.8%