Stocks dropped sharply Monday, ending at their lowest levels in over three months, as investors dumped stocks on the prospects of a euro-zone break-up. The Dow Jones Industrial Average fell 125.25 points, or 1%, to 12,695.35, the eighth drop in nine sessions and the lowest close since 1/31/12. Broadcasting stocks were mixed again with CC Media not only getting a big boost but having the only up day in both indices.
The RBR Radio Index was up 12.219, or 3.0%, to 421.185.
The TVBR Television Index was down 7.779, or 3.3%, to 228.656.
CC Media, up 56.3%
Entravision, down 7.5%
SBS, down 7.3%
Gray, down 6.3%