Gloomy Friday on Wall Street – 7/29/11


The continued bickering in Washington over a bill to keep the US Treasury from default on its debt pressured stocks again on Friday. The Dow Jones Industrial Average was down 97 points, or 0.8%, to 12,143. Broadcasting stocks were also lower.

The RBR Radio Index was down 1.846, 0r 0.6%, to 333.093.

The TVBR Television Index was down 0.664, or 0.3%, to 256.690.


Emmis, up 6.3%
SBS, up 3.8%
Gray, up 3%

CC Media, down 5.4%
LIN, down 3.3%
Radio One, down 2.7%