Post-Christmas market was mixed – 12/27/11


Despite a rise in the Conference Board’s index of consumer confidence, Wall Street had a rather flat day on Tuesday, following last week’s run-up. The Dow Jones Industrial Average was down three points to 12,291, but the market was mixed, with the Nasdaq Composite and S&P 500 finishing in positive territory. Broadcasting stocks were also mixed.

The RBR Radio Index was down 0.355, or 0.1%, to 296.315.

The TVBR Television Index was up 0.950, or 0.4%, to 243.242.

SBS, up 9.3%
Nexstar, up 2.7%
Salem, up 2.6%

CC Media, down 4.4%
Radio One, down 3.2%
Emmis, down 3%