Stocks declined on Wednesday after Federal Reserve chairwoman Janet Yellen said that rate hikes could happen after ‘about six months’ from the time tapering of bond purchases is finished. The S&P ended the day 11.48 points, or 0.6%, lower at 1,860.77, falling after two days of gains. The Dow dropped 114.02 points, or 0.7%, to 16,222.17.
The RBR Radio Index was down 1.937, or .2%, to 965.198.
The TVBR Television Index was up 3.571, or .5%, to 757.386.
Nexstar, up 4.7%
Sinclair, up 2.4%
Emmis, up 2.2%
Entravision, down 2.2%
Cumulus, down 1.9%
Saga, down 1.3%