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 were mostly flat amid a positive backdrop of earnings, economic data and Fed speak. The Federal Reserve reduced its bond repurchase program known as Quantitative Easing further as expected. Fed Chairwomen Yellen also said the Fed would keep rates low for a considerable time after its bond buying program concludes later this year. In economic news, gross domestic product rose a robust 4 percent in the second quarter. Amgen and Twitter produced earnings results which exceeded expectations prompting their stocks to rise on the news.

The Dow Jones Industrials fell 31 points to 16,880. The S&P 500 inched fractionally higher to 1970. The NASDAQ gained 20 points to 4462. The small caps of the Russell 2000 traded nearly 5 points higher to 1146. The Dow Transports rallied 58 points to 8276 while the Dow Utility Index receded 9 points to 548.

About 680 million shares were traded on the New York Stock Exchange while 477 million shares were exchanged on the NASDAQ. Losers were ahead of winners by a 3 to 2 margin on both the New York Stock Exchange and NASDAQ. US Treasury Securities moved higher across the board.

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 pulled back today, with small caps closing higher, as strong U.S. economic data was released. In economic news, the consumer confidence index rose to 90.9 in July, up from 85.2 in June. This beat economists' expectations of 85. The price of homes in the U.S. rose 1.1% in May, according to the Case-Shiller composite index. On a seasonally adjusted basis, prices fell 0.3%. This marks the slowest year-on-year pace since February 2013.

The Dow Jones Industrials lost 70 points to 16,912. While the S&P 500 dropped 9 to 1,970, the NASDAQ was down 2 to 4,443, and small caps of the Russell 2000 were up over 2 points to 1,142. Dow Transports were down 115 to 8,218, while the Dow Utility Index lost 5 points to 558.

Volume totaled 628 million shares on the New York Stock Exchange while 507 million shares were exchanged on the NASDAQ. On the New York Stock Exchange, there were more than 3 declining issues for every 2 advancing. On the NASDAQ, there were marginally more advancing issues than declining. U.S. Treasury Securities' yields fell among mid- and long-dated issues. The 5-year note yield dropped one basis point to close at 1.69%. The 10-year note yield fell 2 basis points to close at 2.46%, while the 30-year bond yield lost 3 basis points to end the day at 3.22.

Clients with questions concerning this Afternoon Comment are advised to contact Tyler Agee at: 1-800-444-1854 x8446 or (502) 588-8446. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.

The major indices remained relatively flat today as new acquisition deals helped offset poor economic data. Dollar Tree made an offer to buy their rival Family Dollar Stores Inc. for $8.5 billion, while Zillow Inc. agreed to purchase Trulia Inc. for $3.5 billion. In U.S. economic news, the National Association of Realtors stated that its Pending Home Sales Index fell 1.1% to 102.7 last month. Economists had expected an increase of 0.5%.

The Dow Jones Industrials gained 22 points to 16,983. While the S&P 500 moved marginally higher to 1,979, the NASDAQ was down 5 to 4,445, and small caps of the Russell 2000 were down 5 points to 1,139. Dow Transports were down 95 to 8,333, while the Dow Utility Index gained 7 points to 563.

Volume totaled 589 million shares on the New York Stock Exchange while 448 million shares were exchanged on the NASDAQ. On the New York Stock Exchange, there were almost 4 declining issues for every 3 advancing. On the NASDAQ, there were slightly less than 7 declining issues for every 4 advancing. U.S. Treasury Securities' yields rose among mid- and long-dated issues, with the 5- and 10-year note yields as well as the 30-year bond yield gaining 2 basis points to close at 1.7%, 2.49%, and 3.26%, respectively.

Clients with questions concerning this Afternoon Comment are advised to contact Tyler Agee at: 1-800-444-1854 x8446 or (502) 588-8446. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.

The major indices retreated today after several disappointing earnings announcements, including Amazon.com, as well as weak economic data out of Germany. In U.S. economic news, durable goods orders rose 0.7% in June. The report released by the U.S. Commerce Department marked the fourth increase in the last five months. The rise was higher than economists' expectations of 0.2%.

The Dow Jones Industrials lost 123 points to 16,961. While the S&P 500 dropped 10 points to 1,978, the NASDAQ was down 22.5 to 4,450, and small caps of the Russell 2000 were down 12 to 1,145. Dow Transports were down 38 to 8,428, while the Dow Utility Index lost 4 points to 557.

Volume totaled 570 million shares on the New York Stock Exchange while 448 million shares were exchanged on the NASDAQ. On the New York Stock Exchange, there were nearly 2 declining issues for every 1 advancing. On the NASDAQ, there were almost 9 declining issues for every 4 advancing. U.S. Treasury Securities' yields declined among mid- and long-dated issues. The 5-year note yield dropped 2 basis points to 1.68%, the 10-year note yield lost 4 basis points to 2.47%, and the 30-year bond yield was down 6 basis points to close at 3.24%.

Clients with questions concerning this Afternoon Comment are advised to contact Tyler Agee at: 1-800-444-1854 x8446 or (502) 588-8446. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.

The major indices remained nearly flat following unexpectedly low U.S. jobless numbers and several strong earnings announcements. In U.S. economic news, the new single-family homes sales pace dropped to a three-month low in June according to data released by the U.S. Commerce Department. The sales pace fell 8.1% in June to a seasonally adjusted annual rate of 406,000 compared to economists' forecast of 475,000. Initial jobless claims fell by 19,000 last week to 284,000, lower than estimates of 310,000. This marks the lowest level of initial claims since February of 2006. The Markit flash manufacturing purchasing managers index fell to 56.3 in July from a four-year high of 57.3 in June.

The Dow Jones Industrials lost 3 points to 17,084. While the S&P 500 gained 1 point to 1,988, the NASDAQ was down 1.5 to 4,472, and small caps of the Russell 2000 were down 2 to 1,156. Dow Transports were down 2 to 8,467, while the Dow Utility Index gained 2 points to 561.

Volume totaled 632 million shares on the New York Stock Exchange while 476 million shares were exchanged on the NASDAQ. On the New York Stock Exchange, there were nearly 6 declining issues for every 5 advancing. On the NASDAQ, there were fractionally more than 6 declining issues for every 5 advancing. U.S. Treasury Securities' yields rose among mid- and long-dated issues. The 5-year note yield rose by 6 basis points to 1.71%. The 10-year note and 30-year bond yields both gained 4 basis points to close at 2.51% and 3.3%, respectively.

Clients with questions concerning this Afternoon Comment are advised to contact Tyler Agee at: 1-800-444-1854 x8446 or (502) 588-8446. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.

The major indices climbed higher today, with the exception of the Dow Jones Industrial Average, as second quarter earnings continued to be released. There were no major U.S. economic reports released today. The U.S. dollar climbed slightly higher again today against the Euro, nearing eight-month highs as currency traders worry about the possibility of tougher economic sanctions on Russia and its impact on the currency.

The Dow Jones Industrials lost 27 points to 17,087. While the S&P 500 gained 3.5 points to 1,987, the NASDAQ was up 18 to 4,474, and small caps of the Russell 2000 were up 2 points to 1,158. Dow Transports were up 13 to 8,469, while the Dow Utility Index moved fractionally higher to 559.

Volume totaled 581 million shares on the New York Stock Exchange while 464 million shares were exchanged on the NASDAQ. On the New York Stock Exchange, there were around 13 advancing issues for every 10 declining. On the NASDAQ, there were marginally more declining issues than advancing. U.S. Treasury security yields remained mostly flat today, with the 10-year note and 30-year bond yields both closing level for the day at 2.47% and 3.26%, respectively. The 5-year U.S. Treasury note yield lost 1 basis point to close at 1.65%.

Clients with questions concerning this Afternoon Comment are advised to contact Tyler Agee at: 1-800-444-1854 x8446 or (502) 588-8446. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.
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