Stocks ended higher Wednesday, with the S&P 500 snapping its first three-day losing run this year, after the Fed said its stimulus would continue. After reaching an intraday record high during the session, the Dow Jones Industrial Average added 55.91 points, or 0.4%, to 14,511.73. Broadcast stocks knocked it out of the park.
The RBR Radio Index was up 19.268, or 3.9%, to 518.996.
The TVBR Television Index was up 11.513, or 2.4%, to 483.752.
SBS, up 9.2%
Beasley, up 7.8%
CC Media, up 7.3%