Stocks close higher on Fed comments


Stocks closed higher on Tuesday, with the Dow and S&P 500 hitting record highs, after comments from two Federal Reserve officials suggested that the central bank is not close to tapering its bond-buying program. The Dow gained 52.30 points, or 0.3%, to end at 15,387.58.

The RBR Radio Index was up 4.288, or .7%, to 635.387.

The TVBR Television Index was up 13.810, or 2.3%, to 620.327.

ACME, up 16.7%
CC Media, up 7.7%
SBS, up 2.4%

Nexstar, down 1.8%
Entercom, down 1.8%
Salem, down 1.3%