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
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 backed off their early morning ascent, but still ended the day higher. Oil fell $2.51 to $56.96 per barrel, moving energy stocks lower. On the economic front, the ADP employment report indicated the private-sector added 237,000 new jobs, above forecasts. Additionally, the Institute for Supply Management (ISM) reported the manufacturing index rose more than expected to 53.5% in June from 52.8% in May, equaling the highest level of the year. Automakers Ford and Chrysler saw sales rise last month while General Motors posted a decline. In other news, ACE Ltd said it agreed to acquire Chubb Corp in a cash and stock deal valued at $28.3 billion.

The Dow Jones Industrials rose 138 points to 17,758 while the S&P 500 gained 14 points to 2077. The tech laden NASDAQ moved 26 points higher closing at 5013, the small caps of the Russell 2000 rose 2 points to 1256, and the Dow Transports climbed 12 point to 8104. The Dow Utility Index gained 3 points to 554.

Volume totaled 862 million shares on the New York Stock Exchange while 452 million shares were exchanged on the NASDAQ. There were 5 stocks higher for every 3 lower on the New York Stock Exchange. On the NASDAQ, there were 7 winners for every 6 losers. US Treasury securities moved lower as yields rose.

Clients with questions concerning this Afternoon Comment are advised to contact Ruth Blum at: 1-800-444-1854 x8415 or (502) 588-8415. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.

U.S. stocks closed higher today following the worst trading day of the year. Greece appears likely to default on its debt, forcing a referendum meeting on Sunday on whether it will accept demands by its international creditors. In addition to Greece, investors are monitoring another debt crisis in Puerto Rico as the governor says the country needs to restructure its plan for its $72 billion in debt. Chicago Purchasing Manager Index (PMI) came in below 50, showing a contraction for the second consecutive month.

The Dow gained 23 points to 17619, while the NASDAQ was up 28 points to 4987, and the S&P 500 gained 5 points to 2063. The small caps of the Russell 2000 were up 7 points to 1254 and the Dow Transports gained 11 points to 8092. The Dow Utility Index fell about 2 points to 550.

Volume on the New York Stock Exchange totaled 1181 million while volume on the NASDAQ was 569 million. Gainers outnumbered decliners by about a 3 to 2 margin on the New York Stock Exchange. On the NASDAQ advancers outpaced declining issues by a 5 to 3 margin. US Treasury Securities fell today.

Clients with questions concerning this Afternoon Comment are advised to contact Michael Johnston 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 U.S. indices fell dramatically as increasing concerns about Greece arose after discussions between Greece and its creditors broke down. Greece will hold a referendum on proposals made by Greece's lenders this weekend. The European Central Bank capped its emergency support for Greece's banks and daily cash withdrawals are capped at 60 euros per account. Greece will likely default on $1.7 million payment due to IMF tomorrow. In other news, the Supreme Court blocked EPA limits on mercury emissions from coal-fired power plants stating that the government must consider costs before determining whether regulation is appropriate and necessary. The ruling helped coal shares fight the market's big decline today. The prices for Sweet Crude Oil for August delivery decreased by $1.36 to $58.27.

The Dow dropped 350 points to 17,596. The NASDAQ lost 122 points to just over 4958. The S&P 500 decreased by 44 points to 2058. The small caps of the Russell 2000 lost 33 points to 1247. The Dow Transports fell just under 162 points to just under 8081. The Dow Utility Index edged 3 points lower to 552.

Volume totaled 875 million shares on the New York Stock Exchange while 525 million shares were exchanged on the NASDAQ. There was about 1 winners for every 10 losers on the New York Stock Exchange. There was 1 winners for every 7 losers on the NASDAQ. U.S. treasury securities moved higher among mid and long-dated issues.

Clients with questions concerning this Afternoon Comment are advised to contact Joe Burkland at: 1-800-444-1854 x8633 or (502) 588-8633. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.

U.S stocks were mixed today as the situation in Greece is still weighing on investors. China's benchmark index dropped 7% today as bearish sentiment has increased recently. Nike shares, which rose 4%, helped the Dow today after reporting strong quarterly results. Benchmark crude oil settled down 7 cents to $59.58 a barrel on the New York Mercantile Exchange. Brent crude, a benchmark for international oils used by many U.S. refineries, fell 29 cents to $63.20 a barrel in London.

The Dow gained 57 points to 17892. The NASDAQ dropped, giving up almost 32 points to 5080. The S&P 500 was down a fraction of a point to 2101. The small caps of the Russell 2000 fell 3 points to 1279. The Dow Transports gained almost 3 points to 8242. The Dow Utility Index grew about 3 points to 555.

Volume was unusually high as today was the Russell rebalancing. Decliners outnumbered advancers by about a 3 to 2 margin on the New York Stock Exchange. On the NASDAQ decliners outpaced advancing issues by a 3 to 2 margin. US Treasury Securities fell today.

Clients with questions concerning this Afternoon Comment are advised to contact Michael Johnston 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 U.S. indices continued their decline as it appears that Greece's debt negotiations will be extended until the weekend. Select Health care stocks increased after the Supreme Court ruling to uphold the Affordable Care Act¿s insurance subsidies. Consumer spending was boosted to 0.9%, its fastest pace in six years and well above the April rate of 0.1%. Personal Income increased by 0.5% for the second consecutive month. Weekly jobless claims were up 3,000 to 271,000 from the previous week, but were also 3,000 below estimates. This marks 16 consecutive weeks of initial jobless claims being under 300,000, which is the longest streak since 2001. The prices for Sweet Crude Oil for August delivery increased by $0.62 to $59.65.

The Dow dropped nearly 76 points higher to 17,890. The NASDAQ lost 10 points to 5112. The S&P 500 decreased by 6 points to 2102. The small caps of the Russell 2000 lost just under a point to 1283. The Dow Transports continued their sharp decline and fell just over 70 points to just under 8239. The Dow Utility Index edged 4 points lower just under 553.

Volume totaled 773 million shares on the New York Stock Exchange while 419 million shares were exchanged on the NASDAQ. There was about 1 winners for every 2 losers on the New York Stock Exchange. There were 3 winners for every 4 losers on the NASDAQ. U.S. treasury securities moved lower among mid-dated issues.

Clients with questions concerning this Afternoon Comment are advised to contact Joe Burkland at: 1-800-444-1854 x8633 or (502) 588-8633. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.

All US indices dropped today while negotiations between Greece and its lenders continue. Investors are seemingly beginning to lose hope as no positive momentum has been reported. Netflix split their stock 7-1 yesterday after the price nearly hit 700 dollars. Homebuilder Lennar rose 4.6% after reported earnings beat analysts predictions. Expectations for an interest rate hike increased after the Commerce Department reported GDP was 0.2% as 0.7% was expected. Benchmark US crude fell 74 cents to $60.27 a barrel on the New York Mercantile Exchange.

The Dow dropped 178 points to 17966. The NASDAQ also dropped, giving up 38 points to 5122. The S&P 500 was down 16 points to 2108. The small caps of the Russell 2000 fell 12 points to 1284. The Dow Transports lost almost 158 points to 8310. The Dow Utility Index declined about 5 points to 556.

Volume totaled 741 million shares on the New York Stock Exchange while 411 million shares were exchanged on the NASDAQ. Decliners outnumbered advancers by about a 7 to 3 margin on the New York Stock Exchange. On the NASDAQ decliners outpaced advancing issues by a 5 to 2 margin. US Treasury Securities rose today, moving yields lower.

Clients with questions concerning this Afternoon Comment are advised to contact Michael Johnston 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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