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 Dow surges more than 200 points higher as Visa announces better than expected earnings results and a stock buyback. A 10 percent gain in Visa stock propelled the Dow significantly higher while the other major indices posted comparatively more muted victories. Visa is the highest priced stock in the price weighted Dow Industrial Average and was responsible for the lion's share of the advance. Still, the majority of the other components contributed with only five components out of the 30 moving lower. In macroeconomic news, weekly jobless claims rose to a higher than expected 287,000. Third quarter gross domestic product was revised to a higher than expected 3.5 percent.

The Dow Jones Industrials ascended 221 points to 17,195. The S&P 500 advanced 12 points to 1994. The NASDAQ improved 16 points to 4566. The small caps of the Russell 2000 pushed 9 points 1155. The Dow Transports unwound 83 points to 8631 and the Dow Utility Index climbed 12 points to 596.

Volume totaled 766 million on the New York Stock Exchange while 544 million shares were exchanged on the NASDAQ. Winners trounced losers by nearly a 2 to 1 margin on the New York Stock Exchange. On the NASDAQ, advancers were ahead of decliners by a 3 to 2 margin. 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 suffered a minor setback as the Fed ends Quantitative Easing. The Federal Reserve's statement noted solid job gains and lower unemployment. The dollar rallied on the news. Oil continued to recoup some of its recent losses.

The Dow Jones Industrials lost 31 points to 16,974. The S&P 500 shed 2 points to 1982. The NASDAQ subtracted 15 points to 4549. The small caps of the Russell 2000 gave back 3 points to 1146. The Dow Transports shed 44 points, but inked a fresh intraday high of 8792, and ended at 8714 and the Dow Utility Index lost nearly 3 points to 590.

Volume totaled 822 million on the New York Stock Exchange while 577 million shares were exchanged on the NASDAQ. There were about 4 stocks lower for every 3 higher on the New York Stock Exchange. Losers exceeded winners by a narrow margin on the NASDAQ. US Treasury Securities moved lower among mid dated issues but were slightly higher at the 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.

Stocks rally on mostly upbeat earnings and economic news. Amgen and Cummins were among the companies posting better than expected earnings results. In economic news, consumer confidence surged to a much higher than expected 94.5 for October. August home prices as measured by Case/Shiller rose 5.6 percent. Conversely, durable goods orders unexpectedly fell 1.3 percent in September. Oil prices recovered some ground prompting energy sector stocks to likewise move higher.

The Dow Jones Industrials surged 187 points to 17,005. The S&P 500 climbed 23 points to 1985. The NASDAQ ascended 78 points to 4564. The small caps of the Russell 2000 gained nearly 32 points to 1149. The Dow Transports rallied 132 points to a new high of 8768 while the Dow Utility Index tacked on 4 points to also ink a new high, closing at 536.

Volume totaled 797 million on the New York Stock Exchange while 536 million shares were exchanged on the NASDAQ. There were 5 stocks higher for every 1 lower on the New York Stock Exchange. US Treasury Securities moved lower ahead of tomorrow's Federal Reserve Open Market Committee announcement.

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 were mixed with the energy sector weighing on broad-based indices. Oil prices fell to an intraday 52-week low of $79.44 per barrel. However, the commodity closed off of its worst level at $80.68 per barrel. Goldman Sachs lowered its oil forecast. In economic news, business confidence in Germany declined, its sixth straight loss. Turning to the US, pending homes sales rose 0.3 percent last month.

The Dow Jones Industrials gained 12 points to 16,817. The S&P 500 shed nearly 3 points to 1961. The NASDAQ edged 2 points higher to 4485. The small caps of the Russell 2000 edged a point higher to 1117. The Dow Transports pushed 57 points higher to 8626 while the Dow Utility Index shed a point to 582.

Volume totaled 760 million on the New York Stock Exchange while 441 million shares were exchanged on the NASDAQ. There were 4 stocks lower for every 3 higher on the New York Stock Exchange. On the NASDAQ, losers were slightly more numerous than winners. US Treasury Securities were again 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 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.
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