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50 N. Main Street | Martinsville, IN 46151 | 800-301-0247 | Map/Directions
Martinsville



50 N. Main Street
Martinsville, IN 46151

800-301-0247

Jeff Main, AAMS®
Senior Vice President
Branch Manager
765/349-0247
JMain@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 sold off following the United Kingdom's vote to exit the EU, with the Dow, S&P, and NASDAQ all closing sharply lower on the day. In economic news, consumer sentiment fell to 93.5 from 94.7 in May, compared to economists's forecasts of a 94.0 reading. Durable goods orders fell a seasonally adjusted 2.2% in May following a revised 3.3% gain in April. Sweet crude for August delivery also fell rapidly as the results of the EU referendum came in, closing down slightly more than 4.8% at $47.69 per barrel.

The Dow Jones Industrials fell 611 points to close at 17,400. The S&P 500 was down 76 points to close at 2,037. The NASDAQ declined 202 points to finish the day at 4,708 as the small caps of the Russell 2000 moved 43 points lower to 1,129. Dow Transports were down 350 points to 7,321, while the Dow Utility Index gained 3 points to close at 686.

Trading volume totaled 2.5 billion shares on the New York Stock Exchange while 1.6 billion shares were exchanged on the NASDAQ. There were 11 stocks lower for every 2 higher on the New York Stock Exchange and more than 10 declining for every 2 advancing on the NASDAQ. U.S. Treasury securities were in high demand today, pushing yields down drastically. The yield curve continued to flatten as 3- and 6-month yields fell to 0.26% and 0.38%, respectively, while the 5-, 10-, and 30-year yields closed at 1.09%, 1.58%, and 2.42%, respectively.

Clients with questions concerning this Afternoon Comment are advised to contact Tyler Agee at: 1-800-444-1854 x8686 or (502) 588-8686. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.

The major indices traded higher Thursday leading up to the Brexit vote with the Dow, S&P, and NASDAQ all posting solid gains on the day. In economic news, initial jobless claims fell to a two-month low of 259,000. The Markit PMI reading of manufacturing sentiment rose to 51.4 in June, up from 50.7 in May. However, the Chicago Federal Reserve stated that their national activity index fell to -0.51 in May from 0.05 in April due to weakness in manufacturing. Sweet crude for August delivery closed up nearly 2% at $50.08 per barrel.

The Dow Jones Industrials rose 230 points to close at 18,011. The S&P 500 was up 28 points to close at 2,113. The NASDAQ advanced 77 points to finish the day at 4,910 as the small caps of the Russell 2000 moved 22 points higher to 1,171. Dow Transports were up 71 points to 7,672, while the Dow Utility Index gained 2 points to close at 683.

Trading volume totaled 851 million shares on the New York Stock Exchange while 423 million shares were exchanged on the NASDAQ. There were almost 5 stocks higher for every 1 lower on the New York Stock Exchange and nearly 7 advancing for every 2 declining on the NASDAQ. U.S. Treasury securities were broadly lower today. The 5-, 10-, and 30-year yields were all 6 basis points higher at the close at 1.26%, 1.74%, and 2.56%, respectively.

Clients with questions concerning this Afternoon Comment are advised to contact Tyler Agee at: 1-800-444-1854 x8686 or (502) 588-8686. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.

The major indices took a breather today with the Dow, S&P, and NASDAQ all closing lower. In economic news, existing-home sales rose to a nine-year high in May to a seasonally adjusted annual rate of 5.53 million according to the National Association of Realtors. The national median sale price for a previously owned home reached $239,700, the highest reading recorded by the Realtor's group. Sweet crude for August delivery closed 1.4% at $49.14.

The Dow Jones Industrials fell 49 points to close at 17,781. The S&P 500 was down 3 points to close at 2,085. The NASDAQ declined 10 points to finish the day at 4,833 as the small caps of the Russell 2000 moved 5 points lower to 1,149. Dow Transports were down 49 points to 7,600, while the Dow Utility Index shed 3 points to close at 681.

Trading volume totaled 827 million shares on the New York Stock Exchange while 398 million shares were exchanged on the NASDAQ. There were almost 3 stocks lower for every 2 higher both the New York Stock Exchange and the NASDAQ. U.S. Treasury security yields were mixed today. The 10-year note and 30-year bond yields moved 2 basis points lower to close at 1.68% and 2.49%, respectively, as the rest of the yield curve was unmoved.

Clients with questions concerning this Afternoon Comment are advised to contact Tyler Agee at: 1-800-444-1854 x8686 or (502) 588-8686. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.

The major indices added to their gains this week with the Dow, S&P, and NASDAQ all closing higher today. In economic news, Janet Yellen delivered her testimony to the Senate Banking Committee, reiterating that the Fed's cautious approach to raising U.S. interest rates remained appropriate in the current environment. Looking at the big picture, she stated that current economic headwinds will eventually fade and that further rate increases will be needed. Sweet crude for August delivery closed down around 0.5% at $49.72 after steadily climbing back from an intraday low of $48.85.

The Dow Jones Industrials rose 25 points to close at 17,830. The S&P 500 was up 6 points to close at 2,089. The NASDAQ advanced 7 points to finish the day at 4,844 as the small caps of the Russell 2000 moved 3 points lower to 1,155. Dow Transports were down 23 points to 7,649, while the Dow Utility Index gained 1 point to close at 684.

Trading volume totaled 853 million shares on the New York Stock Exchange while 411 million shares were exchanged on the NASDAQ. There were almost 4 stocks higher for every 3 lower the New York Stock Exchange and slightly less than 4 declining for every 3 advancing on the NASDAQ. U.S. Treasury security yields were broadly higher today as the 5-, 10-, and 30-year yields all finished 3 basis points higher at 1.20%, 1.71%, and 2.51%, respectively.

Clients with questions concerning this Afternoon Comment are advised to contact Tyler Agee at: 1-800-444-1854 x8686 or (502) 588-8686. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.

The major indices started off the week strong with the Dow, S&P, and NASDAQ all finishing higher. There were no major economic data releases today. Sweet crude for August delivery ended the day 2.6% higher, closing at $49.89 a barrel.

The Dow Jones Industrials rose 130 points to close at 17,805. The S&P 500 was up 12 points to close at 2,083. The NASDAQ advanced 37 points to finish the day at 4,837 as the small caps of the Russell 2000 moved 13 points higher to 1,158. Dow Transports were up 83 points to 7,673, while the Dow Utility Index lost 4 points to close at 683.

Trading volume totaled 909 million shares on the New York Stock Exchange while 439 million shares were exchanged on the NASDAQ. There were almost 7 stocks higher for every 2 lower the New York Stock Exchange and slightly more than 8 advancing for every 3 declining on the NASDAQ. U.S. Treasury securities were mixed today with the 3-month yield falling 1 basis point, while longer-term yields broadly increased. The 5-, 10-, and 30-year yields all finished 6 basis points higher at 1.17%, 1.67%, and 2.48%, respectively.

Clients with questions concerning this Afternoon Comment are advised to contact Tyler Agee at: 1-800-444-1854 x8686 or (502) 588-8686. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.
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