Stock rally takes Dow, S&P 500 to record highs


Stocks on Wednesday rose for a third straight day, with the Dow Jones Industrial Average and S&P 500 index having their best session in six weeks. Minutes from the Fed’s March meeting had several officials saying the central bank should taper its bond purchases later in the year and halt it altogether by year end if the labor market improves. The Dow Jones Industrial Average rose 128.78 points to 14,802.24.

The RBR Radio Index was up 1.624, or .3%, to 513.928.

The TVBR Television Index was up 20.432, or 3.9%, to 540.027.

LIN TV, up 11.8%
Sinclair, up 7.0%
Entravision, up 4.3%

CC Media, down 8.9%
Emmis, down .6%
Cumulus, down .3%