More financial/political turmoil in Greece – as Thursday’s done deal on an austerity plan turned out to be less than done – gave Wall Street traders a reason to sell on Friday. The Dow Jones Industrial Average fell 89 points, or 0.7%, to 12,801. Broadcasting stocks followed the market lower.
The RBR Radio Index was down 2.901, or 0.8%, to 360.612.
The TVBR Television Index was down 4.591, or 1.7%, to 263.049.
SBS, up 8.7%
ACME, up 4.6%
Dial Global, up 3.6%
Salem, down 8.7%
Entravision, down 6.3%
Gray, down 6.3%