We know what Big Ben in London is liable to do during the course of the day, but traders on Wall Street could not say the same about Big Ben Bernanke at the Fed, and sent stocks downward. Among the broadcast community, the hit was felt most strongly on the radio side.
The RBR Radio Index fell 10.839, or 1.7%, to 635.735.
The TVBR Television Index fell 1.146, or 0.2%, to 600.784.
Entravision, up 2.9%
Cumulus, up 1.1%
Gray, up 0.9%
CC Media, down 7.3%
SBS, down 3.4%
Beasley, down 3.1%