Stocks tumbled more than 1% Wednesday, giving up the prior session’s gains, as mounting stresses on Spain’s banking system and a retreat in pending home sales erased any recent optimism. The Dow Jones Industrial Average fell 160.83 points, or 1.3%, to 12,419.86. Broadcast stocks were down or flat as well-across the board.
The RBR Radio Index was down 7.442, or 2.0%, to 373.724.
The TVBR Television Index was down 5.902, or 2.7%, to 213.318.
Entravision, down 8.2%
SBS, down 6.1%
Emmis, down 4.0%