Monday, June 29, 2015

Downtick

A hiccup in world markets.

... The Dow Jones U.S. Media Index fell 2.1%. By contrast, the Standard & Poor’s 500 declined 2.1%, the Dow Jones Industrial Average slipped 1.9%, and Nasdaq fell 2.4%.

Viacom (-3.1%) was hardest hit among Big Media companies. It was followed by CBS (-3.0%) Sony (-2.6%), Fox (-2%), Discovery (-1.9%),Time Warner (-1.8%), Comcast (-1.7%), and Disney (-1.7%).

In the broader media universe, big losers include Rovi (-9.9%), DreamWorks Animation (-5.9%), World Wrestling Entertainment (-5.8%), New York Times (-5.4%), News Corp (-4.9%), and Cablevision (-4.7%). ...

Greece has a lot of investors racing for the exits.


1 comments:

Celshader said...

If stocks go on sale, this year could be useful for those still buying stocks for retirement.

On the flip side, I hope the retired reading this already keep the bulk of their savings in bonds and cash.

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