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
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.

Our Mission

To collectively provide comprehensive professional advice, solutions, and services designed  to help build, manage, and transfer wealth over time and across generations.

 

Methodology:
-We must remain open to possibilities and committed to excellence, never losing sight of our uncompromising integrity.

-We must embrace change to ensure we continue to provide our clients the highest quality wealth management services in a rapidly changing environment.

-With a focus on each client relationship, we will attend to unique hopes, fears, dreams, and aspirations.
Daily Market Comment

Daily Market Recap -


Updated Each Business Day at Approximately 4:30 pm ET.



The major stock indices were down slightly today as the Greek community decides whether to vote yes or no to stay in the Eurozone. The non-farm payrolls came out today, adding 223,000 jobs in June while the unemployment rate dropped to 5.3%. The job report, slightly lower than expected, has some analysts thinking the Fed will wait even longer to raise rates. U.S. sweet crude oil was down 38 cents to $56.58 a barrel.

The Dow fell almost 28 points to 17730, while the NASDAQ dropped almost 4 points to 5009, and the S&P 500 lost a fraction of a point to 2076. The small caps of the Russell 2000 were down 8 points to 1248 and the Dow Transports gained 19 points to 8122. The Dow Utility Index gained about 8 points to 561.

Volume on the New York Stock Exchange totaled 720 million while volume on the NASDAQ was 380 million. Gainers and decliners were almost even on the New York Stock Exchange. On the NASDAQ decliners outpaced advancers issues by a 2 to 1 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.

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.
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.