Stocks surge as investors cheer Fed taper

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Stocks rocketed higher on Wednesday, with the Dow industrials and S&P 500 both scoring record closes and their best gains since Oct. 10, as investors interpreted a Fed decision to taper stimulus measures as a sign that the economy is strengthening. The Dow surged 292.71 points, or 1.8%, to close at 16,167.97, topping its prior record close on 11/27.


The RBR Radio Index was up 10.887, or 1.3%, to 836.228.

The TVBR Television Index was up 21.326, or 2.4%, to 900.050.

Winners
ACME, up 15.4%
SBS, up 4.3% B
easley, up 3.1%

Losers
CC Media, down 1.4%
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