Stocks end sharply lower, see worst drop in month


Stocks dropped sharply on Wednesday, suffering their worst losses in more than a month, as investors digested the Washington budget deal that could give the Fed another reason to scale back its bond-buying program soon. The Dow Jones Industrial Average shed 129.60 points, or 0.8%, to finish at 15,843.53. Each index endured its worst loss since 11/7.

The RBR Radio Index was down 4.778, or .6%, to 805.104.

The TVBR Television Index was down 9.471, or 1.1%, to 865.415.

SBS, up 2.7%
Entercom, up .7%
Salem, up .7%

Saga, down 3.8%
Entravision, down 3.4%
Gray, down 3.0%