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.



Stocks traded mostly higher Thursday as the S&P500 ended its best week since July following earnings reports from General Electric and Morgan Stanley which came in better than analysts had expected and after investors became less concerned problems in Ukraine will worsen. Economic releases today included the Thursday jobless claims report which showed 304,000 workers filed for unemployment benefits for the week ended April 12th compared to the 315,000 analysts projected and the 302,000 reported the prior week. As markets closed, crude oil and natural gas were trading higher as gold took a dip for the day. Tomorrow the New York Stock Exchange will be closed in observance of Good Friday.

The Dow retreated 16 points to close at 16408 as International Business Machines and United Health Group led the decline. The NASDAQ gained 9 points to end at 4095, the S&P 500 grew 2 points to 1864, the Dow Utility Index finished 5 points behind at 543, and the Dow Transports expanded 42 points to end at 7634. Small caps of the Russell 2000 gained 6 points to close the session at 1137.

On the New York Stock Exchange 832 million shares exchanged hands while 555 million shares exchanged hands on the NASDAQ. There were about 10 up stocks for every 7 decliners on stock on the New York Stock Exchange and on the NASDAQ there were a little less than 2 up stocks for every decliner. Treasuries ended lower on the day. Recent yields were 0.02 percent for the 3-month bill, 1.73 percent for the 5-year note, 2.72 percent for the 10-year note and 3.52 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.

Upbeat economic data and dovish Federal Reserve comments lifts stocks. Federal Reserve Chairman Yellen reiterated that it remains committed to keeping interest rates low provided inflation remains below its target range and unemployment remains elevated. In economic news, housing starts, industrial production and capacity utilization increased in their most recent readings. The Fed Beige Book report showed growth in most US regions.

The Dow Jones rallied 162 points to 16,424. The S&P 500 gained nearly 20 points to 1862. The NASDAQ ascended 52 points to 4086. The small caps of the Russell 2000 gained 12 points to 1131. The Dow Transports pushed 124 points to 7591 while the Dow Utility Index traded 4 points higher to 548.

Volume totaled 674 million on the New York Stock Exchange while 510 million shares were exchanged on the NASDAQ. Winners defeated losers by a 4 to 1 margin on the New York Stock Exchange. On the NASDAQ, advancers exceeded decliners by more than 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.

The major indices recovered from earlier losses to end on higher ground. Some better than expected blue chip earnings reports lured investors. In economic news, consumer level prices rose by a slightly higher than expected 0.2 percent in March. April's Empire State Index fell to 1.3 from 5.6 in its previous reading. April's home builders index edged up to a still lower than expected 47.

The Dow Jones rallied 146 points to 16,173. The S&P 500 gained 14 points to 1830. The NASDAQ ascended 22 points to 4022. The small caps of the Russell 2000 edged 4 points higher to 1119. The Dow Transports pushed 63 points higher to 7466 while the Dow Utility Index tacked on nearly 7 points to 544.

Volume totaled 788 million on the New York Stock Exchange while 636 million shares were exchanged on the NASDAQ. Winners bested losers by a 3 to 2 margin on the New York Stock Exchange. On the NASDAQ, losers held a slight advantage over winners. US Treasury securities moved higher among mid and long-dated issue but were unchanged at the short end of the curve.

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 posted solid gains amid upbeat earnings and economic data. Citigroup reported better than expected first quarter results. Its news comes on the heels of a disappointing earnings report from peer JP Morgan last week. In economic news, retail sales surged by a higher than expected 1.1 percent in March.

The Dow Jones gained 146 points to 16,173. The S&P 500 gained 14 points to 1830. The NASDAQ ascended 22 points to 4022. The small caps of the Russell 2000 pushed nearly 4 points higher to 1115. The Dow Transports rallied 40 points to 7403 while the Dow Utility Index added 3 points to 537.

Volume totaled 691 million on the New York Stock Exchange while 520 million shares were exchanged on the NASDAQ. Losers bested winners by a 2 to 1 margin on the New York Stock Exchange. On the NASDAQ, winners surpassed losers by a narrow margin. US Treasury securities moved lower in the middle of the curve but were little changed at the short and long end of the curve.

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.
Tell A Friend Tell A Friend
 
 
 Securities and Advisory Services offered by J. J. B. Hilliard, W.L. Lyons, LLC, A Registered Broker Dealer and Investment Advisor, Member NYSE / FINRA / SIPC. Trust Services are offered through Hilliard Lyons Trust Company, LLC, an affiliate of J. J. B. Hilliard, W.L. Lyons, LLC. Hilliard Lyons does not offer legal, accounting or tax advice. You should consult your own tax or legal counsel prior to making any decision that may affect your tax or legal situation. To understand how Hilliard Lyons is compensated for its services, please click here.

These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable-we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.

Third Party Web Sites – We may link to or provide access to other web sites or services from other companies or organizations. You agree that we are not responsible for, and do not control those web sites or services.