Stocks finished a choppy trading session on Wednesday marginally higher, having pared most of the gains following a better-than-expected report on new home sales. New home sales in January rose by more than expected, though economists warn data are unreliable and subject to revisions. The Dow Jones Industrial Average ended the session 18.75 points, or 0.1%, higher at 16,198.41.
The RBR Radio Index was up 5.482, or .6%, to 907.319.
The TVBR Television Index was down 12.770, or 1.6%, to 797.340.
Winners
Emmis, up 2.8%
Cumulus, up 2.6%
Saga, up 2.1%
Losers
Sinclair, down 4.0%
Nexstar, down 3.1%
LIN TV, down 2.4%
