Wall Street was not pleased with an update from Exxon on its oil reserves and that weighed on the entire energy sector. Exxon is a component of the Dow Jones Industrial Average, which fell 42 points, or 0.4%, to 12,227. Broadcasting stocks were mixed.
The RBR Radio Index was down 1.100, or 0.3%, to 387.441
The TVBR Television Index was up 0.438, or 0.2%, to 260.490 – yet another record high.
SBS, up 6.5%
Gray, up 3.5%
Sinclair, up 2%
Emmis, down 6.3%
Entercom, down 3.6%
Entravision, down 1.3%