110 Main Street | P.O. Box 98 | Evansville, IN 47708 | 888-426-1481 | Map/Directions
Evansville



110 Main Street
P.O. Box 98
Evansville, IN 47708

888-426-1481

Alan H. Newman, CWA®
Senior Vice President
Regional Manager
Phone: 812/426-1481
ANewman@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 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.

Stocks reversed course with the Dow posting a triple digit victory. Upbeat new home sales data encouraged investors a day after existing home sales disappointed. August new home sales surged by a much higher than expected 18 percent. In company specific news, retailer Bed Bath and Beyond reported better than expected quarterly results and raised its full-year earnings forecast, prompting its stock to rise more than 7 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 745 million shares on the New York Stock Exchange while 459 million shares were exchanged on the NASDAQ. There were 4 stocks higher for every 3 lower on the New York Stocks Exchange. On the NASDAQ winners eclipsed lowers by 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.

Selling continued amid news that airstrikes were underway in Syria and European economic data weakened. A European purchasing managers' index for September fell to its level in nine months. Meanwhile, the US purchasing managers' index was unchanged from its reading last month. Healthcare stocks paced losses.

The Dow Jones Industrials erased 116 points to 17,055. The S&P 500 gave up 11 points to 1982. The NASDAQ lost 19 points to 4508. The small caps of the Russell 2000 subtracted 10 points to 1118. The Dow Transports receded 69 points to 8445 while the Dow Utility Index shed a point to 551.

Volume amounted to 718 million shares on the New York Stock Exchange while 483 million shares were exchanged on the NASDAQ. There were about 2.5 times as many losers compared to winners on the New York Stocks Exchange. On the NASDAQ decliners trounced advancers by more than a 2 to 1 margin. US Treasury Securities moved higher among mid and long-dated issues as investors eschewed stocks in favor of the relative safety of government backed securities.

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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