389 East Morgan Street | Suite 1 | Martinsville, IN 46151 | 800-301-0247 | Map/Directions
Martinsville



389 East Morgan Street
Suite 1
Martinsville, IN 46151

800-301-0247

Jeff Main, AAMS®
Senior Vice President
Branch Manager
Phone: 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 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.

The major indices finished mixed; the Dow bounced back from another triple digit loss to close down slightly. Oil gained ground, its first advance of the week. In economic news, weekly jobless claims fell to a lower than expected 264,000. Industrial production surged 1 percent and capacity utilization rose to a higher than expected 79.3 percent last month. October's home builders' index unexpectedly fell to 54. Philadelphia area manufacturing activity fell to a slightly better than expected 20.7 last month according the Philly Fed Index.

The Dow Jones Industrials lost 24 points to 16,117. The S&P 500 inched fractionally higher to 1862. The NASDAQ gained 2 points to 4217. The small caps Russell 2000 climbed 13 points to 1085. The Dow Transports tacked on 88 points to 8026 while the Dow Utility Index was a fraction of a point higher closing a 558.

Volume totaled more than a billion shares on the New York Stock Exchange while 60 million shares were exchanged on the NASDAQ. There were more than 2 stocks higher for every 1 lower on both the New York Stock Exchange and NASDAQ. 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.

The major indices take another hit but close well off of their worst levels of the session. Some weak US economic news exasperated already anxious investors. September retail sales were weaker overall and excluding autos. Reduced spending on gasoline, clothing and furniture were blamed for the first decline in retail sales since the beginning of this year. Additionally, manufacturing activity in New York slowed to a much lower than expected 6.2 last month according the Empire State Index. Oil prices maintained a downward trajectory.

The Dow Jones Industrials surrendered another 173 points to 16,141. The S&P 500 retreated 15 points to 1862. The NASDAQ traded 11 points lower to 4215. The small caps Russell 2000 added back 10 points to 1072. The Dow Transports climbed 18 points to 7937 while the Dow Utility Index lost 7 points to 558.

Volume surged with 1.2 billion shares being exchanged on the New York Stock Exchange while 877 million shares were exchanged on the NASDAQ. There were 8 stocks lower for every 7 higher on the New York Stock Exchange. On the NASDAQ advancers nudged out decliners by a 7 to 6 margin. US Treasury Securities moved higher 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.
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