Stock prices moved higher as the Federal Reserve indicated that it will likely keep interest rates low until at least 2014. The Dow Jones Industrial Average rose 83 points, or 0.7%, to 12,759. Broadcasting stocks were mixed after two strong days.
The RBR Radio Index was down 6.987, or 1.8%, to 374.223.
The TVBR Television Index was up 6.193, or 2.4%, to 261.101.
Entravision, up 11.7%
Salem, up 3.8%
Gray, up 3.7%
CC Media, down 8.6%
Radio One, down 7.6%
Emmis, down 4.9%