It wasn’t oil this time, but rather the tech sector which sent stock prices lower after Wells Fargo Securities downgraded the semiconductor sector. The Dow Jones Industrial Average was down 80 points, or 0.7%, to 12,090. Broadcasting stocks also fell.
The RBR Radio Index was down 4.103, or 1%, to 397.936.
The TVBR Television Index was down 5.885, or 2.2%, to 256.819.
CC Media, up 9%
SBS, up 3.2%
Arbitron, up 1.6%
Salem, down 6.2%
LIN, down 5.3%
Emmis, down 5.2%