Stocks erase big losses


After nearly a full day in the red, stocks erased most of their losses in the last half hour of trading Wednesday. The Dow Jones industrial average (INDU) was basically flat, losing 6 points, or less than 0.1% to 12,496. Not bad, considering it had fallen 190 points earlier in the day. Broadcast stocks were mixed.

The RBR Radio Index was down 1.753, or .45%, to 389.994.

The TVBR Television Index was up .067, or .03%, to 217.915.

Salem, up 8.3%
Dial Global, up 5.8%
Entravision, up 5.7%

CC Media, down 13.9%
SBS, down 5.0%
Beasley, down 2.8%

RBR-TVBR Stock Index