S&P 500 closes at record on strong earnings
Gains in health care and technology sector stocks on the back of impressive profits from Biogen Idec and Apple pushed the S&P 500 to close at a record on Wednesday. The S&P closed 3.49 points, or 0.2%, higher at 1,987.02, closing at a record level for the 26th time this year. The Dow was weighed down by Boeing and closed 26.91 points, or 0.2%, lower at 17,086.63. The Nasdaq ended the session up 17.68 points, or 0.4%, to 4,473.70, with biotechnology companies leading the gains.
The RBR Radio Index was up .010, or 0%, to 910.285.
The TVBR Television Index was down 6.874, or .7%, to 919.709.
SBS, up 5.9%
CC Media, up 1.1%
Cumulus, down 2.2%
Salem, down 2.0%
Gray, down 1.8%