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.



Stocks continued on an upward path with the S&P 500 inking a record high. Weekly jobless claims came in better than expected and Hewlett Packard reported upbeat earnings results. Hewlett Packard stock surged more than 5 percent on the news. Conversely, Sears reported weak results prompting its stock to sink more than 7 percent. Investors will likely focus on Fed speak tomorrow with Janet Yellen likely to give comments regarding interest rates at the Federal Reserve's Annual Conference of Central Bankers.

The Dow Jones Industrials rallied 60 points to 17,039. The S&P 500 added 5 points to 1992. The NASDAQ gained 5 points to 4532. The small caps of the Russell 2000 headed 2 points higher to 1160. The Dow Transports unwound 32 points to 8428 while the Dow Utility Index inched fractionally higher to 556.

About 565 million shares were traded on the New York Stock Exchange while 362 million shares were exchanged on the NASDAQ. Winners surpassed losers by a 3 to 2 margin on the New York Stock Exchange. On the NASDAQ, there were 7 stocks higher for every 6 lower. 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 maintained their upward trajectory despite Federal Reserve meeting minutes that revealed more Fed officials are willing to raise rates sooner versus later. Treasury prices fell with yields moving higher in anticipation of a higher interest rate environment on the horizon. The Federal Reserve is hosting its annual conference in Jackson Hole, Wyoming on Friday. Chairman Yellen's speech there has market moving potential especially since earnings season is largely over.

The Dow Jones Industrials gained another 59 points to 16,979. The S&P 500 added nearly 5 points to 1986. The NASDAQ shed a point to 4526. The small caps of the Russell 2000 retreated 5 points to 1157. The Dow Transports gained 46 points to 8460 while the Dow Utility Index notched a point gain to 555.

About 542 million shares were traded on the New York Stock Exchange while 373 million shares were exchanged on the NASDAQ. Winners nudged past losers on the New York Stock Exchange. On the NASDAQ, there were 3 lower for every 2 stocks higher. 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.

Stocks headed higher for a second straight session amid upbeat retail earnings and economic data. T. J. Maxx and Marshalls parent company TJX posted better than expected second quarter results and raised its full year expectations. Home Depot reported consensus beating second quarter results and guided its full year estimate higher. Its stock surged more than 5 percent higher on the news. Turning to economic data, consumer prices rose 0.1 percent as expected in July. Housing starts rose to a 1.09 million annualized rate last month, handily topping forecasts.

The Dow Jones Industrials ascended 80 points to 16,919. The S&P 500 gained almost 10 points to 1981. The NASDAQ surged 19 points to 4527, its highest level in a decade and a half. The small caps of the Russell 2000 added 4 points to 1162. The Dow Transports climbed 9 points to 8414 while the Dow Utility Index improved 6 points to 554.

About 555 million shares were traded on the New York Stock Exchange while 389 million shares were exchanged on the NASDAQ. There were 2 stocks higher for every 1 lower on the New York Stock Exchange. On the NASDAQ, there were 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.

The major indices rallied on merger news and as geopolitical tensions abated. Dollar General made a play for rival Family Dollar. The $8.95 billion bid tops Dollar Tree's $8.5 billion bid. In other news, crude oil fell as geopolitical tensions in Iraq and the Ukraine eased. The price per barrel of $93.84 is the latest level in months. Transportation stocks climbed as a result.

The Dow Jones Industrials gained 175 points to 16,838. The S&P 500 added 16 points to 1971. The NASDAQ pushed 43 points higher to 4508. The small caps of the Russell 2000 advanced 16 points to 1158. The Dow Transports ascended 141 points to 8405 while the Dow Utility Index inched fractionally lower to 548.

About 604 million shares were traded on the New York Stock Exchange while 414 million shares were exchanged on the NASDAQ. There were four times as many winners versus losers on the New York Stock Exchange. On the NASDAQ, there were nearly three times as many advancers compared to decliners. 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 were mixed with the tech-heavy NASDAQ gaining ground while the other major indices lost ground. Headlines regarding the fighting between the Ukraine and Russia spooked investors in morning trading but markets recovered to close off of their worst levels of the session. In company specific news, Coca-Cola said it is buying energy drink maker Monster. Monster stock surged more than 30 percent on the news.

The Dow Jones Industrials unwound 50 points to 16,662. The S&P 500 inched fractionally lower to 1955. The NASDAQ advanced nearly 12 points to 4464. The small caps of the Russell 2000 shed more than a point to 1141. The Dow Transports were little changed closing at 8264 while the Dow Utility Index put on 2 points to 548.

About 756 million shares were traded on the New York Stock Exchange while 537 million shares were exchanged on the NASDAQ. Winners and losers were almost evenly matched on the New York Stock Exchange. On the NASDAQ, there were 7 losers for every 6 winners. US Treasury Securities moved higher 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.
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