Wary eyes on European summit – 12/7/11


Stock prices were mostly up a tiny bit on Wednesday as Wall Street traders watched to see if European leaders will be able to put together a deal at their financial summit. The Dow Jones Industrial Average rose 46 points, or 0.4%, to 12,196. The S&P 500 was also up and the Nasdaq Composite was essentially flat, down a tiny fraction. Broadcasting stocks were mixed.

The RBR Radio Index was up 3.104, or 1%, to 316.448.

The TVBR Television Index was down 2.466, or 1.1%, to 233.454.


Dial Global, up 6.8%
CC Media, up 5.2%
Entercom, up 4.7%

Entravision, down 12.7%
SBS, down 2.9%
Saga, down 2.1%