Stocks close lower; Dow loses 190 points

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Stocks sold off on Wednesday, extending losses after the Fed announced it will reduce monthly bond purchases by another $10 billion. Investors shunned equities as rate hikes by the central banks of Turkey and South Africa failed to stem the drop in their currencies. The Dow closed down 189.77 points, or 1.2%, lower at 15,738.79, its fifth triple-digit loss this month.


The RBR Radio Index was down 9.347, or 1.0 %, to 890.505.

The TVBR Television Index was down 6.045, or .8%, to 789.001.

Winners
SBS, up 3.4%
LIN TV, up 1.6%
n/a

Losers
CC Media, down 3.7%
Gray, down 2.7%
Entravision, down 2.4%

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