Mixed Movement In Mid-Week Trading


It was an up-and-down session for stocks on Wednesday, as the Dow Jones Industrial Average rose 36.28 points, to 27,147.08, while Nasdaq was down 8.62 points, to 8,177.39.

The activity is the result of a rate cut by the Federal Reserve Board, which has put into doubt future stimulus actions.

Among the media companies seeing gains were iHeartMedia and Sinclair Broadcast Group.

For IHRT, a 17-cent gain to $14.83 was logged.

For SBGI, a 96-cent improvement to $45.42 was seen.