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.



Selling pressure accelerated heading into the closing bell. Concerns that the US economy was slowing at the same time the dollar was strengthening caused investors to worry about future corporate earnings. In economic news, fourth quarter gross domestic product rose 2.6 percent which was significantly below expectations of 3.2 percent. Oil prices surged today following a report that rigs drilling for oil in the US fell 7 percent. Geopolitical tensions in the Middle East also contributed to the advance. The commodity rallied $3.24 to $47.77, its best one-day gain since 2009. In other news, Russia unexpectedly lowered its key interest rate to 15 percent from 17 percent.

The Dow Jones Industrials descended 251 points to 17,164. The S&P 500 unwound 26 points to 1994. The NASDAQ suffered a 48 point setback to 4635. The small caps of the Russell 2000 erased 24 points to 1165. The Dow Transports sank 201 points to 8649. The Dow Utility Index retreated 14 points to 637.

Volume totaled 1.2 billion shares on the New York Stock Exchange while 685 million shares were exchanged on the NASDAQ. There were 2 stocks lower for every 1 higher on the New York Stock Exchange. On the NASDAQ, decliners crushed advancers by nearly a 3 to 1 margin. US Treasury securities rallied across the board. Have a good 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.

Another volatile session concludes with the major indices firmly higher. Oil prices hit a low earlier in the session but ended the session slightly higher. The bounce in oil coupled with some upbeat economic data sent shares surging into the closing bell. In economic news, weekly jobless claims declined by 43,000 to a much lower than forecast 265,000.

The Dow Jones Industrials rallied 225 points to 17,416. The S&P 500 pushed 19 points higher to 2021. The NASDAQ climbed 45 points to 4683. The small caps of the Russell 2000 advanced 15 points to 1190. The Dow Transports improved 52 points to 8851. The Dow Utility Index added 8 points to 652.

Volume totaled 862 million shares on the New York Stock Exchange while 568 million shares were exchanged on the NASDAQ. There were about 2 stocks higher for every 1 lower on both the New York Stock Exchange and NASDAQ. US Treasury securities moved lower 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.

Stocks fell amid Fed statement and weakening oil prices. Earlier upbeat earnings news from Boeing and Apple gave investors some solace. However, the Federal Reserve gave investors no signals that their plan to raise rates this year would be altered. A seemingly hawkish Federal Reserve and another descent in oil prices caused investors to it the sell button in afternoon trading. Oil prices fell $1.90 to $44.33 per barrel.

The Dow Jones Industrials surrendered another 195 points to 17191. The S&P 500 unwound 27 points to 2002. The NASDAQ sank 43 points to 4637. The small caps of the Russell 2000 retreated 19 points to 1175. The Dow Transports retreated 129 points to 8798. The Dow Utility Index lost 6 points to 643.

Volume totaled 855 million shares on the New York Stock Exchange while 571 million shares were exchanged on the NASDAQ. There were nearly 4 times as many losers compared to winners on the New York Stock Exchange. On the NASDAQ, there were 3 stocks lower for every 1 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.

Earnings misses from a variety of industry groups sends the major indices sharply lower. Microsoft, Caterpillar, Procter & Gamble, Pfizer and Du Pont were among the companies turning in disappointing earnings results. Compounding the negative bellwether earnings news was an unexpected decline in durable goods orders last month. Some onlookers now believe the Federal Reserve may have to postpone raising interest rates until later in the year. Still, lower gas prices at the pump are encouraging consumers. Consumer confidence rose to a much higher than expected 102.9. Today, oil prices rose 83 cents to $45.98 per barrel.

The Dow Jones Industrials sank 291 points to 17,387. The S&P 500 surrendered 27 points to 2029. The NASDAQ suffered a 90 point setback to 4681. The small caps of the Russell 2000 traded 6 points lower to 1194. The Dow Transports unwound 111 points to 8928. The Dow Utility Index edged a point higher to 649.

Volume totaled 710 million shares on the New York Stock Exchange while 498 million shares were exchanged on the NASDAQ. There were 17 stocks lower for every 13 higher on the New York Stock Exchange. On the NASDAQ, there were 3 stocks lower for every 2 higher. US Treasury securities ended little changed despite a mid-day rally 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.

The major indices added a little ground amid merger and geopolitical headlines. Packaging firm's MeadWestvaco and RockTenn said they would merge. MeadWestvaco stock surged nearly 14 percent and RockTenn jumped more than 6 percent. The Syriza party won elections in Greece yesterday. The party has pledged to end austerity measures imposed on the country following its financial bailout by fellow European Union members. The current bailout terms expire next month.

The Dow Jones Industrials gained 6 points to 17678. The S&P 500 added 5 points to 2057. The NASDAQ rallied 13 points to 4771. The small caps of the Russell 2000 ascended 11 points to 1200. The Dow Transports added 58 points to 9040. The Dow Utility Index inched fractionally higher to 648.

Volume totaled 795 million shares on the New York Stock Exchange while 482 million shares were exchanged on the NASDAQ. Winners bested losers by a more than a 2 to 1 margin on the New York Stock Exchange. On the NASDAQ, advancers were ahead of winners by nearly a 2 to 1 margin. US Treasury securities moved lower 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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