Stocks end lower; S&P 500 flat on the year


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.

Emmis, up 2.3%
Entravision, up 1.5%
Cumulus, up 1.1%

SBS, down 4.2%
Radio One, down 4.0%
Sinclair, down 2.4%