Stocks extended losses for the second day and finished lower Thursday, amid concerns that improving economic indicators might force the Fed to start raising rates sooner than anticipated. The fourth-quarter GDP figures were revised up, while a drop in weekly jobless claims was larger than expected. The S&P ended the day 3.52 points, or 0.2%, lower at 1,849.04, below a key support level of 1,850. The Dow closed 4.76 points lower at 16,264.23.
The RBR Radio Index was down 11.863, or 1.2%, to 945.232.
The TVBR Television Index was down 1.872, or.2%, to 779.813.
Winners
Emmis, up 2.3%
Entravision, up 1.5%
Cumulus, up 1.1%
Losers
SBS, down 4.2%
Radio One, down 4.0%
Sinclair, down 2.4%
