A roller coaster session on Friday saw a late rally fade and stocks ended the day slightly below where they started – but in between there were lower lows and higher highs as traders tried to assess the US government’s latest jobs report and continued financial wrangling in Europe. The Dow Jones Industrial Average ended the session down 20 points, or 0.2%, at 11,103. Broadcasting stocks were also lower.
The RBR Radio Index was down 1.498, or 0.6%, at 259.256.
The TVBR Television Index was down 3.326, or 1.7%, at 191.259.
Salem, up 9.3%
Emmis, up 8.1%
Radio One, up 3.6%
Gray, down 8.1%
SBS, down 7%
Entercom, down 6.7%