The encouraging February jobs report is fueling concerns that the Fed will speed up the timetable to start increasing the prime rate, and that sent the stock market headed down on Tuesday. Broadcasters joined in on the nosedive to the point that flat looked like a great day.
The RBR Radio Index fell 16.731, or 2.3%, to 698.469.
The TVBR Television Index fell 18.546, or 2.0%, to 18.546.
Tribune, up 0.1%
SBS, down 5.9%
Entravision, down 5.6%
Radio One, down 3.7%