Stocks ended Friday narrowly mixed – 12/16/11

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A deal that was struck on Capitol Hill to avoid a US government shutdown wasn’t enough of a plus to counter Wall Street gloom over Fitch Ratings indicating that it might downgrade several European countries. The Dow Jones Industrial Average ended the day down two points at 11,866, but other major indices were slightly higher. Broadcasting stocks were again mixed.


The RBR Radio Index was down 3.692, or 1.3%, at 292.297.

The TVBR Television Index was up 0.435, or 0.2%, at 233.415.

 

Winners
Arbitron, up 1.9%
LIN, up 1.7%
ACME, up 1.4%

Losers
Salem, down 6.7%
Dial Global, down 5.9%
SBS, down 2.9%