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
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.



Volatile session ends with the major indices slightly lower. Oil prices again tilt lower, falling $1.38 to $28.31 per barrel. Many international markets suffered steep losses. Japan's key Nikkei stock index fell 5.4 percent. Chinese markets are closed for the Lunar New Year holiday. In US economic news, the NFIB small business index fell to 93.9 last month and wholesale inventories nudged a tenth of percentage point lower in December. Tomorrow and Thursday Federal Reserve Chair Janet Yellen's testimony to lawmakers will be closely watched by investors.

The Dow Jones Industrials shed 12 points to 16,014. The S&P 500 edged a point lower to 1852. The NASDAQ unwound 14 points to 4268. The small caps of the Russell 2000 surrendered 5 points to 963. The Dow Transports climbed 71 points to 6996 while the Dow Utility Index moved 3 points higher to 626.

Trading totaled 1.1 billion shares on the New York Stock Exchange while 620 million shares were exchanged on the NASDAQ. There were about twice as many losers versus winners on the New York Stock Exchange and NASDAQ. U.S. Treasury securities move higher among mid and long-dated issues and lower 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.

Major U.S. stock indices finished lower Monday. Losses were most pronounced in the Financial and Energy sectors as concern over weakening global growth and weakness in the energy sector continued to give investors pause. As markets closed, crude oil was trading lower as natural gas and gold were higher on the day.

During today's trading, the Dow contracted 177 points, ending the session at 16027 as Goldman Sachs and Home Depot led the decline. In other markets, the NASDAQ shed 79 points to end at 4283, the S&P 500 fell 26 points to close at 1853, and the Dow Utility Index lost a point and closed at 622, while the Dow Transports were down 18 points, finishing at 6924. The Russell 2000 gave up 16 points and closed at 969.

On the New York Stock Exchange 1353 million shares exchanged hands, while 717 million shares exchanged hands on the NASDAQ. There were about 4 decliners for every advancer on the New York Stock Exchange, while there were over 2 decliners for every advancer on the NASDAQ. Bond markets were mostly higher. Recent yields were 0.26 percent for the 3-month bill, 1.15 percent for the 5-year note, 1.74 percent for the 10-year note and 2.56 percent for the 30-year bond.

Clients with questions concerning this Afternoon Comment are advised to contact Jeremy Roane at: 1-800-444-1854 x8688 or (502) 588-8688. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738.

The major indices sank as employment data failed to inspire investors. While January's unemployment figure ticked down to 4.9 percent and average hourly earnings rose 0.5 percent, the headline nonfarm payrolls number came in lower than expected at 151,000. In other economic news, consumer credit rose to $21 billion. Oil dropped 69 cents to $31.03 per barrel.

The Dow Jones Industrials dropped 211 points to 16,204. The S&P 500 sank 35 points to 1880. The NASDAQ surrendered 146 points to 4363. The small caps of the Russell 2000 faltered 29 points to 985. The Dow Transports erased 108 points to 6942 while the Dow Utility Index added 2 points to 624.

Trading totaled 1.1 billion shares on the New York Stock Exchange while 671 million shares were exchanged on the NASDAQ. There were more than three times as many losers compared to winners on the New York Stock Exchange. On the NASDAQ, decliners lapped advancers more than four times. U.S. Treasury securities were little changed. Have a good 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 moved to the upside as investors await tomorrow's government data on monthly employment. Oil retreated with sweet crude for March delivery falling 52 cents to $31.76 per barrel. In economic news today, weekly jobless claims rose to a higher than expected 205,000. Fourth quarter productivity fell 3 percent and unit labor costs rose 4.5 percent as expected.

The Dow Jones Industrials advanced 79 points to 16,416. The S&P 500 added 2 points to 1915. The NASDAQ climbed 5 points to 4509 while the small caps of the Russell 2000 pushed 4 points higher to 1014. The Dow Transports surged 216 points to 7051 and the Dow Utility Index lost 4 points to 622.

Trading volume totaled 1.2 billion shares on the New York Stock Exchange while 573 million shares were exchanged on the NASDAQ. Winners ousted losers by a 2 to 1 margin on the New York Stock Exchange. On the NASDAQ, there were about 4 stocks higher for every 3 losers. U.S. 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 Dow rallied heading into the closing bell while the NASDAQ remained in negative territory. Energy shares paced gains as oil prices climbed higher. Sweet crude for March delivery rose $2.79 to $32.67 per barrel. In economic news, ADP reported that private sector employment rose 205,000 last month. January's institute of supply management services index fell to a lower than expected 53.5 percent. Still figures above 50 percent signify expansionary conditions.

The Dow Jones Industrials rallied 183 points to 16,336. The S&P 500 added 9 points to 1912. The NASDAQ surrendered 12 points to 4504 while the small caps of the Russell 2000 traded more than a point higher to 1010. The Dow Transports ascended 70 points to 6834 and the Dow Utility Index gained 8 points to 626.

Trading volume totaled 1.1 billion shares on the New York Stock Exchange while 619 million shares were exchanged on the NASDAQ. Winners outnumbered losers by nearly a 2 to 1 margin on the New York Stock Exchange. On the NASDAQ, there were slightly more losers than winners U.S. Treasury securities moved lower among mid and long-dated issues but nudged 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.
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