News reports of cross-border airstrikes in Iraq triggered a late afternoon selloff on Wall Street, sending U.S. stocks sharply lower on Tuesday. The Dow had its worst one-day point loss in more than a month. It dropped 119.13 points, or 0.7%, to 16,818.13. The S&P closed 12.63 points, or 0.6%, lower at 1,949.98. The Nasdaq ended the day down 18.32 points, or 0.4%, at 4,350.36.
The RBR Radio Index was down 13.473, or 1.5%, to 882.046.
The TVBR Television Index was up 9.015, or 1.1%, to 850.190
Entravision up 5.2%
LIN TV up 2.1%
SBS up 1.3%
Cumulus down 4.4%
Emmis down 4.3%
Beasley down 2.9%