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 maintained their upward trajectory and finished with their best weekly gains in nearly two years. Upbeat earnings from heavy hitters such as Microsoft encouraged investors to look past slower macro conditions in Europe. Oil prices retrenched today causing some weakness in the energy sector. In economic news, new home sales rose to a higher than expected 467,000 annualized level in September.

The Dow Jones Industrials added another 127 points to 16,805. The S&P 500 tacked on 13 points to 1964. The NASDAQ gained 30 points to 4483. The small caps of the Russell 2000 moved 2 points higher to 1118. The Dow Transports gained 82 points to 8568 while the Dow Utility Index advanced 6 points further to 583.

Volume totaled 717 million on the New York Stock Exchange while 477 million shares were exchanged on the NASDAQ. Winners eclipsed losers by about a 3 to 2 margin on the New York Stock Exchange. On the NASDAQ, there were about 7 stocks higher for every 6 lower. US Treasury Securities were little changed.

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 surged higher amid mostly favorable earnings news. Better than expected economic data out of Europe also likely made investors more bullish. In US economic news, weekly jobless claims rose but were lower than expected at 283,000. August's home prices index rose 4.8 percent year-over-year. Dow heavyweight's 3M and Caterpillar posted better than expected results. As a result, demand for cyclical stocks such as the industrial and energy sectors increased. Crude oil prices surged $1.48 higher to $82 per barrel and investors rotated out of US Treasuries.

The Dow Jones Industrials climbed 216 points to 16,677. The S&P 500 gained 23 points to 1950. The NASDAQ rallied 69 points to 4452. The small caps of the Russell 2000 ascended 19 points to close at 1116. The Dow Transports recovered the ground it lost yesterday, adding back 174 points to 8486 while the Dow Utility Index inched fractionally higher to close at a new 52-week high of 580.51.

Volume totaled 818 million on the New York Stock Exchange while 544 million shares were exchanged on the NASDAQ. There were four times as many winners compared to losers on the New York Stock Exchange. On the NASDAQ, there were 2 stocks higher for every 1 lower. 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.

Winning spree ends with the major indices and oil losing ground. Trading breadth was decidedly negative. The defensive utility sector bucked the down trend. Overall consumer prices rose 0.1 in September. Excluding the volatile food and energy components, consumer prices rose by a lower than expected 0.1 percent.

The Dow Jones Industrials retreated 153 points to 16,461. The S&P 500 lost 14 points to 1927. The NASDAQ surrendered 36 points to 4382. The small caps Russell 2000 back back 15 points to close at 1096. The Dow Transports unwound 174 points to 8312 while the Dow Utility Index gained 3 points to 576.

Volume totaled 801 million on the New York Stock Exchange while 537 million shares were exchanged on the NASDAQ. Decliners bested winners by more than a 2 to 1 margin on the New York Stock Exchange. On the NASDAQ, there were 3 stocks higher for every 1 lower. US Treasury Securities moved were little changed.

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 maintained their upward bias and oil prices nudged higher. Trading breadth was decidedly positive. The rally was inspired by some upbeat earnings news as well as better than expected economic news out of China. Chinese gross domestic product rose 7.3 percent in the third quarter. The figure is slightly below its previous reading of 7.5 percent in the second quarter but still well ahead of forecasts of 6.9 percent. Apple reported consensus beating results amid strong demand for its new products. Conversely, Coca-Cola issued an earnings warning and McDonald's reported weak international sales particularly in Asia.

The Dow Jones Industrials surged 215 points to 16,614. The S&P 500 climbed 37 points to 1941. The NASDAQ ascended 103 points to 4419. The small caps Russell 2000 notched a 17 point gain to close at 1112. The Dow Transports rallied 258 points while the Dow Utility Index added nearly 2 points to 572.

Volume totaled 814 million on the New York Stock Exchange while 525 million shares were exchanged on the NASDAQ. There were about 5 stocks higher for every 1 lower on the New York Stock Exchange. On the NASDAQ winners topped losers by about a 3 to 1margin. US Treasury Securities moved lower among mid and long-dated issues but were higher 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 week starts out higher for the all the major indices despite an earnings miss from International Business Machine. The blue chip Dow heavyweight fell 7 percent after missing both top and bottom line estimates. The company also warned regarding its future profits. It's a busy earnings week with about one quarter of all S&P 500 companies slated to report results. There were no major US economic news today.

The Dow Jones Industrials gained 19 points to 16399. The S&P 500 advanced 17 points to 1904. The NASDAQ climbed 57 points to 4316. The small caps Russell 2000 tacked on 12 points to 1094. The Dow Transports ascended 80 points to 8227 while the Dow Utility Index added 8 points to 570.

Volume totaled 742 million on the New York Stock Exchange while 485 million shares were exchanged on the NASDAQ. There were nearly 3 stocks higher for every 1 lower on the New York Stock Exchange. On the NASDAQ winners exceeded losers by more than a 2 to 1 margin. US Treasury Securities were little changed.

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 rallied during the final session of the week. For the week, the major indices remained in negative terrain except for the small capitalization Russell 2000 index. Fears about slowing global economic growth, Ebola and falling oil prices caused investors to hit the sell button earlier this week. Today's dose of economic data was upbeat. Housing starts rose to a slightly higher than expected 1.02 million annualized rate in September. Consumer sentiment strengthened to 86.4 in October, well above expectations of 83.5. Earnings news was also mostly favorable with industrial companies General Electric and Textron reporting strong results.

The Dow Jones Industrials surged 263 points to 16380. The S&P 500 added back 24 points to 1886. The NASDAQ advanced 41 points to 4258. The small caps Russell 2000 shed 3 points to 1082. The Dow Transports climbed 121 points to 8147 while the Dow Utility Index headed 3 points higher to close at 562.

Volume totaled more than a billion shares on the New York Stock Exchange while 711 million shares were exchanged on the NASDAQ. There were more than 2 stocks higher for every 1 lower on the New York Stock Exchange. On the NASDAQ winners and losers were evenly matched. US Treasury Securities moved lower across the board. 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.
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