202 South College Avenue | Bloomington, IN 47404 | 800-790-6333 | Map/Directions
Bloomington



202 South College Avenue
Bloomington, IN 47404

800-790-6333

Jeff Main, AAMS®
Senior Vice President
Branch Manager
Phone: 765/349-0247
JMain@hilliard.com

Welcome to Hilliard Lyons

When you partner with Hilliard Lyons, you have the comfort of knowing that your Financial Consultant will guide you toward a portfolio appropriate for you. The experience of your Hilliard Lyons Financial Consultant will keep you focused on long-term goals, regardless of which way the market is moving at the moment.

Hilliard Lyons' Financial Consultants do not take a packaged approach to investing. They are committed to finding the most appropriate investments for you. Toward this end, we encourage you to ask questions of our Financial Consultants and to field questions from them. They are trained to raise issues that may not be obvious on the surface. We invite you to call or email us today to find out how we can help you accomplish your financial objectives.

Daily Market Comment

Daily Market Recap -


Updated Each Business Day at Approximately 4:30 pm ET.



Stocks traded sharply lower Wednesday following European data which showed European factories cut prices by the largest amount in more than a year as another report showed German manufacturing levels turned lower. Other economic releases showed U.S. manufacturing slowed in September as the employment report indicated September was the sixth straight month of jobs growth above 200,000 as the private sector added 213,000 in jobs in September compared to 202,000 in August. Economist had expected a gain of 209,000. As markets closed, crude oil, natural gas, and gold were all trading lower on the day. Tomorrow we expect weekly jobless claims, and factory orders economic reports to be released.

The Dow shed 238 points to close at 16804 as Visa Inc. and Goldman Sachs Group Inc. led the decline. The NASDAQ fell 71 points to end at 4422, the S&P 500 lost 26 points to finish at 2946, the Dow Utility Index ended 2 points ahead at 553, and the Dow Transports gave up 211 points to close the session at 8239. Small caps of the Russell 2000 lost 16 points to end trading at 1085.

On the New York Stock Exchange 864 million shares exchanged hands while 618 million shares exchanged hands on the NASDAQ. There were more than 3 decliners for every advancer on the New York Stock Exchange while there were a little less than 3 decliners for every advancer on the NASDAQ. Treasuries ended higher as investors moved away from riskier asset classes. Recent yields were 0.01 percent for the 3-month bill, 1.68 percent for the 5-year note, 2.40 percent for the 10-year note and 3.11 percent for the 30-year bond.

Clients with questions concerning this Afternoon Comment are advised to contact Jeremy Roane at: 1-800-444-1854 x8688 or (502) 588-8688. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.

The major indices maintained a downward trajectory. Energy stocks led the retreat today as oil prices sank nearly $3 to $90.62 per barrel. The major indices finished with monthly losses but were still higher for the third quarter. The day's dose of economic news was a bit weaker than expected. September's Chicago purchasing managers index fell to 60.5. Consumer confidence dropped to 86.0 versus expectations for a reading of 92.3 for September. July's Case-Shiller home price index rose 6.7 percent.

The Dow Jones Industrials shed 28 points to 17,042. The S&P 500 gave up 5 points to 1972. The NASDAQ traded 12 points lower to 4493. The small caps of the Russell 2000 retreated 16 points to 1101. The Dow Transports subtracted 46 points to 8451 while the Dow Utility Index inched fractionally higher to 551.

Volume amounted to 943 million shares on the New York Stock Exchange while 618 million shares were exchanged on the NASDAQ. There were nearly twice as many losers compared to winners on the New York Stock Exchange. Losers bested winners by more than a 2 to 1 margin on the NASDAQ. US Treasury Securities moved lower across the board.

Clients with questions concerning this Afternoon Comment are advised to contact Dendra Lambert at: 1-800-444-1854 x1239 or (502) 588-1239. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.

The major indices lost ground but closed off of their worst levels of the session. Earlier US stocks sank in response to broad losses in European and Asian markets. Pro-democracy protests in Hong Kong triggered the sell-off. However, upbeat US economic news encouraged some market partcipants. August consumer spending surged 0.5 percent amid strong auto sales.

The Dow Jones Industrials subtracted 41 points to 17071. The S&P 500 fell 5 points to 1977. The NASDAQ lost 6 points to 4505. The small caps of the Russell 2000 erased more than a point to 1117. The Dow Transports gained 13 points to 8498 while the Dow Utility Index added 2 points to 550.

Volume amounted to 653 million shares on the New York Stock Exchange while 457 million shares were exchanged on the NASDAQ. There were nearly 3 stocks higher for every 2 lower on the New York Stock Exchange. On the NASDAQ, there were 7 stocks lower for every 6 higher. US Treasury Securities moved higher among mid and long-dated issues.

Clients with questions concerning this Afternoon Comment are advised to contact Dendra Lambert at: 1-800-444-1854 x1239 or (502) 588-1239. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.

Volatility persists with the major indices recovering significant ground today. Still, the major indices were lower for the week. The advance was triggered by solid economic and earnings news. Nike reported better than expected quarterly results, prompting its stock to surge more than 12 percent. In economic news, second quarter GDP was revised higher to 4.6 percent from 4.2 percent in its previous reading. September consumer sentiment came in at a higher than expected 84.6.

The Dow Jones Industrials recovered 167 points to 17113. The S&P 500 recouped 16 points to 1982. The NASDAQ gained 45 points to 4512. The small caps of the Russell 2000 improved 9 points to 1119. The Dow Transports added back 100 points to 8484 while the Dow Utility Index gained nearly 2 points to 547.

Volume amounted to 630 million shares on the New York Stock Exchange while 432 million shares were exchanged on the NASDAQ. There were nearly 3 times as many winners compared to losers on the New York Stock Exchange. On the NASDAQ, there were twice as many winners compared to losers. US Treasury Securities were lower in the middle of the curve but were unchanged among short and long-dated issues. Have a great weekend!

Clients with questions concerning this Afternoon Comment are advised to contact Dendra Lambert at: 1-800-444-1854 x1239 or (502) 588-1239. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.

The major indices remained volatile with the major indices giving back yesterday's gains and more. Technology stocks paced losses. Apple shares sank 3 percent amid negative press on its latest iPhone and on its software updates causing calls to be dropped. In economic news, weekly jobless claims rose to 293,000, but were below estimates of 300,000. August's durable goods order fell 18.2 percent.

The Dow Jones Industrials recouped 154 points to 17210. The S&P 500 improved 15 points to 1998. The NASDAQ rallied 46 points to 4555. The small caps of the Russell 2000 added back 9 points to 1128. The Dow Transports climbed 58 points to 8503 while the Dow Utility Index shed a point to 549.

Volume amounted to 736 million shares on the New York Stock Exchange while 520 million shares were exchanged on the NASDAQ. There were 5 stocks lower for every 1 higher on the New York Stock Exchange. On the NASDAQ, there were 4 stocks higher for every 1 lower. US Treasury Securities moved higher among mid and long dated issues.

Clients with questions concerning this Afternoon Comment are advised to contact Dendra Lambert at: 1-800-444-1854 x1239 or (502) 588-1239. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.
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