The debt problems of European countries weighed heavily on Wall Street Monday. Even an analyst’s upgrade couldn’t lift Disney as it joined nearly all media stocks in sliding. That was true for most other stocks as well. The Dow Jones Industrial Average fell 131 points, or 1.1%, to 12,381.
The RBR Radio Index was down 8.110, or 2.1%, to 374.289.
The TVBR Television Index was down 5.032, or 2%, to 253.050.
Beasley, up 3.4%
Salem, up 0.3%
Westwood, down 6.1%
Radio One, down 6%
Sinclair, down 5.5%