Stocks fall ahead of jobs report – 5/5/11

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With a government report on jobs due out Friday morning, traders took profits in commodity-related stocks on Thursday and sent the market lower. The Dow Jones Industrial Average was off 139 points, or 1.1%, to 12,584. Broadcasting stocks managed a mixed day.


The RBR Radio Index was up 8.436, or 2.2%, to 397.402.

The TVBR Television Index was down 4.963, or 1.8%, to 268.404.

 

 

Winners
CC Media, up 19.1%
Westwood, up 7.8%
SBS, up 3.8%

Losers
ACME, down 8.4%
Radio One, down 6%
Gray, down 4%