Stocks falter after Fed fails to impress


Stocks closed mixed Wednesday after the Fed extended one of its stimulus programs but stopped short of announcing a more aggressive bond buying policy. The Dow Jones industrial average dropped 13 points, or 0.1%, to end at 12,824. Broadcast stocks were mixed.

The RBR Radio Index was down 8.794, or 2.2%, to 393.259.

The TVBR Television Index was up .774, or .4%, to 221.338.

Nexstar, up 9.0%
Emmis, up 2.6%
Sinclair, up 1.6%

CC Media, down 17.6%
Entravision, down 3.6%
Salem, down 3.4%

RBR-TVBR Stock Index