Stocks drop on diminished hope for debt deal


Stocks declined, halting a four-session winning run by the Dow and the S&P 500, as hopes for averting a government default diminished. The Dow Jones Industrial Average was down 133.25 points, or 0.9%, at 15,168.01.

The RBR Radio Index was up .292, or .04%, to 743.399.

The TVBR Television Index was up 11.613, or 1.5%, to 810.590.

Gray, up 7.6%
SBS, up 5.5%
Entravision, up 4.4%

Emmis, down 2.9%
Radio One, down 2.4%
Entercom, down 1.7%