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.



The major indices rallied, pushing the NASDAQ above the 5,000 mark. It was the first time in nearly 15 years that the tech-laden index had closed above 5,000. The Dow and Russell 2000 inked fresh all-time highs during the session as well. The gains came despite mostly weaker U.S. Economic data. Personal incomes rose 0.3 percent in January and consumer spending fell 0.2 percent. February's purchasing managers index rose to 52.9 percent. Construction spending fell by a much larger than expected 1.1 percent January. In other news, China's central bank unexpectedly cut its one-year deposit rate and one-year loan rate amid deflation worries.

The Dow Jones Industrials surged 155 points to 18,288. The S&P 500 gained 12 points to 2117. The NASDAQ climbed 44 points to 5008. The small caps of the Russell 2000 advanced 9 points to 1242. The Dow Transports added 78 points to 9102. The Dow Utility Index shed 10 points to 583.

Volume totaled 755 million shares on the New York Stock Exchange while 488 million shares were exchanged on the NASDAQ. Winners exceeded losers by a 3 to 2 margin on the New York Stock Exchange. On the NASDAQ, there were nearly twice as many winners compared to losers. 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.

The major indices closed lower as fourth quarter gross domestic product is revised down to 2.2 percent from 2.6 percent in its previous reading. The NASDAQ and Russell 2000 inked new highs before succumbing to selling pressure. In other economic news, Chicago's purchasing manager's index fell to 45.8 in February. Consumer sentiment rose to a higher than expected 95.4 for February. Oil prices reversed course, rising $1.15 to $49.34 per barrel.

The Dow Jones Industrials subtracted 81 points to 18,132. The S&P 500 shed 6 points to 2104. The NASDAQ retreated 24 points to 4963. The small caps of the Russell 2000 lost 5 points to 1233. The Dow Transports dropped 57 points to 9024. The Dow Utility Index inched fractionally higher to 594.

Volume totaled 864 million shares on the New York Stock Exchange while 508 million shares were exchanged on the NASDAQ. Winners narrowly beat losers on the New York Stock Exchange. On the NASDAQ, decliners exceeded advancers by a 3 to 2 margin. US Treasury securities moved higher 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.

NASDAQ escapes energy led downdraft within broad market indices. The tech-laden NASDAQ has risen in eleven of the past twelve sessions and is nearing the 5,000 level. Sinking oil prices and mixed economic data caused the Dow and S&P 500 to end slightly lower on the session. Oil fell $2.04 to $48.95 per barrel. In economic news, January's consumer prices fell for the first time in nearly 6 years. However, core consumer prices, which exclude the volatile food and energy components, rose 0.2 percent. Weekly jobless claims rose to a higher than expected 313,000 level. Durable goods orders rose by a much higher than expected 2.8 percent last month.

The Dow Jones Industrials shed 10 points to 18,214. The S&P 500 lost 3 points to 2110. The NASDAQ climbed 20 points to end at 4987. The small caps of the Russell 2000 gained 4 points to 1239. The Dow Transports subtracted 49 points to 9082. The Dow Utility Index fell 4 points to 593.

Volume totaled 718 million shares on the New York Stock Exchange while 460 million shares were exchanged on the NASDAQ. There were 8 losers for every 7 winners on the New York Stock Exchange. On the NASDAQ, winners bested losers by a 7 to 6 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.

The major indices ended little changed but all touched new highs intraday. The NASDAQ fell fractionally, breaking its 10 day winning spree. Janet Yellen concluded her two-day testimony to lawmakers in Washington D.C. In other economic news, new home sales fell slightly to a better than expected 481,000 annualized level in January. Oil prices recovered, rising $1.75 to $51.02 per barrel.

The Dow Jones Industrials gained 15 points to 18,224. The S&P 500 shed 1.62 to 2113. The NASDAQ lost almost a point to end at 4967. The small caps of the Russell 2000 edged a point higher to 1235. The Dow Transports subtracted 46 points to 9131. The Dow Utility Index lost 9 points to 598.

Volume totaled 704 million shares on the New York Stock Exchange while 447 million shares were exchanged on the NASDAQ. Winners outpaced losers by a 17 to 13 margin on the New York Stock Exchange. On the NASDAQ, there were 7 stocks higher for every 6 stocks moving lower. US Treasury securities moved higher among longer-dated issues but were little changed among shorter-dated maturities.

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.

NASDAQ extends winning streak while Yellen comments elicit broad market gains. The tech-laden NASDAQ surged for a tenth consecutive session. In her testimony to Congress Fed Chairwomen Yellen's said any interest rate changes were data dependent. She said the Fed would need to see inflation moving towards the 2 percent target and noted that labor markets still need improvement. The dovish comments encouraged investors to bid the major stock indices to new record highs.

The Dow Jones Industrials surged 92 points to move deeper into record territory at 18,209. The S&P 500 added nearly 6 points to 2115. The NASDAQ pushed 7 points higher to 4968. The small caps of the Russell 2000 gained 2 points to 1233. The Dow Transports improved almost 35 points to 9178. The Dow Utility Index headed 3 points higher to 607.

Volume totaled 715 million shares on the New York Stock Exchange while 453 million shares were exchanged on the NASDAQ. Winners exceeded losers by about a 3 to 2 margin on the New York Stock Exchange. On the NASDAQ, there were 7 stocks higher for every 6 that were lower. US Treasury securities again 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.

NASDAQ climbs for the ninth consecutive session. The Dow and S&P 500 fell but closed off of their worst levels of the session. Oil maintained its downward trajectory even amid reports that some OPEC members were calling for an emergency meeting. In economic news, existing home sales fell more than expected to a 4.82 million annualized level in January.

The Dow Jones Industrials lost 23 points to 18,116. The S&P 500 inched fractionally lower to 2109. The NASDAQ gained 5 points to 4960. The small caps of the Russell 2000 inched fractionally higher to 1231. The Dow Transports pushed 12 points higher to 9143. The Dow Utility Index gained 4 points to 604.

Volume totaled 734 million shares on the New York Stock Exchange while 468 million shares were exchanged on the NASDAQ. Winners and losers were evenly matched on the New York Stock Exchange. On the NASDAQ, there were 7 stocks lower for every 6 that were 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.
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