Stocks decline sharply after Fed signal

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Stocks fell sharply on Wednesday, prolonging the Dow Jones Industrial Average’s longest losing streak this year, after the Federal Reserve signaled it remained on course to curb its monthly bond purchases in coming months. The Dow was down 105.44 points, or 0.7%, at 14,897.55.


The RBR Radio Index was down .315, or .1%, to 672.079.

The TVBR Television Index was up 7.951, or 1.2%, to 673.309.

Winners
LIN TV, up 5.5%
SBS, up 5.3%
Nexstar, up 5.0%

Losers
Beasley, down 3.8%
Salem, down 3.2%
Entercom, down 1.4%

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