It’s another slap-down day: Stocks on Thursday piled on losses for a second day, on worries about Europe’s troubles and coming tax hikes and cuts, a.k.a the fiscal cliff. Automatic deficit-reduction measures are due to be implemented in January unless lawmakers reach an agreement. The Dow Jones Industrial Average fell 121.4 points, or 0.9%, to 12,811.3, its lowest level since late July.
The RBR Radio Index was down 10.173, or 2.4%, to 416.486.
The TVBR Television Index was down .857, or .3%, to 315.626.
LIN TV, up 3.0%
Fisher, up 1.5%
Nexstar, up 1.3%
Beasley, down 13.5%
Entravision, down 5.9%
Cumulus, down 3.9%