The Federal Reserve cut its forecast of GDP growth and Wall Street took notice. The Dow Jones Industrial Average fell 80 points, or 0.7%, to 12,110. Broadcasting stocks slipped with the market.
The RBR Radio Index was down 1.831, or 0.5%, to 346.448.
The TVBR Television Index was down 10.269, or 3.9%, to 256.346.
CC Media, up 7.1%
Radio One, up 0.5%
ACME, down 15.2%
Emmis, down 5.3%
LIN, down 3.7%