Euro falls and so do US stocks – 12/14/11


The Euro fell to its lowest level in a year and Italy had to pay dearly to refinance some debt, so bad news from Europe weighed on Wall Street Wednesday. The Dow Jones Industrial Average fell 131 points, or 1.1%, to 11,823. Broadcasting stocks were mixed, with TV issues faring better than the market.

The RBR Radio Index was down 5.875, or 1.9%, to 297.363.

The TVBR Television Index was up 3.325, or 1.5%, to 232.617.


Entravision, up 13.8%
Gray, up 7.8%
LIN, up 3.7%

Dial Global, down 4.9%
Arbitron, down 4.6%
CC Media, down 3.5%