In the wake of last week’s run-up, traders took some profits on Monday and there were some renewed concerns about just how well the proposed European financial pact will work. The Dow Jones Industrial Average ended the day down 276 points, or 2.3%, at 11,955. Broadcasting stocks also dropped.
The RBR Radio Index was down 7.461, or 2.5%, to 290.920.
The TVBR Television Index was down 4.658, or 1.9%, to 244.669.
CC Media, up 5.5%
ACME, up 1.3%
Nexstar, up 0.1%
Dial Global, down 9.5%
Entercom, down 6.7%
Salem, down 5.4%