Check the background of this financial professional on FINRA's BrokerCheck.
200 Stanton Boulevard | Suite 40 | Steubenville, OH 43952 | 740-346-0106 | Map/Directions
Steubenville
Now in our new location:
200 Stanton Boulevard, Suite 40
Steubenville, OH  43952
740/346-0106
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.



US markets finished the week with a volatile session, as investors considered President Trump's apparent decision to terminate Stephen Bannon as chief White House strategist. The Dow 30 was weighed down by components Home Depot and Nike, shares of which fell 1.5 and 4.4 percent, respectively. NASDAQ Comp downside was limited in part by shares of Applied Materials, up 2.7 percent, after the company announced better than anticipated Q3 results. The real estate sector also lost ground on Friday.

The Dow Jones Industrial Average shed 76 points at 21674 (-0.8 percent for the week), the NASDAQ was down 5 points at 6216 (-0.6 percent for the week), and the S&P 500 lost 4 points at 2425 (-0.7 percent for the week). Dow Transports slid 57 points to 9095, while the Dow Jones Utility Index rose 4 points at 738. Russell 2000 small caps ended the session at 1357, off 1 point. 924 million and 518 million shares were traded on the New York Stock Exchange and NADAQ, respectively. Advancers outpaced decliners 15 to 13 on the NYSE and 15 to 14 on the NASDAQ.

Gold for December settled at $1291.60 per ounce, off 0.1 percent for the day and 0.2 percent for the week. The US Dollar Index was slightly lower following the possible White House news regarding Bannon. Unconfirmed news about a major US refinery shutdown caused oil prices to pop, with September WTI crude settling at $48.51 per barrel, up 3 percent for the day, but down 0.6 percent for the week. Recent US treasury yields: 1.3 percent for the 2-year note, 1.8 percent for the 5-year note, 2.2 percent for the 10-year note, and 2.8 percent for the 30-year bond.

-- Clients with questions concerning this Afternoon Comment are advised to contact Amanda Collier at 1-800-444-1854 x8820 or (502) 588-8820. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738. --

Investor concerns regarding whether or not President Trump can benefit the markets with new legislation seemed to rise on Thursday, as fallout from his handling of the weekend's events in Charlottesville, Virginia continued. A terror attack in Barcelona added to worries, and US markets fell broadly. The Dow Jones Industrial Average, S&P 500, and NASDAQ closed down 1.2, 1.5, and 1.9 percent lower, respectively. Dow 30 component Cisco Systems led in the red, off 4 percent.

The Dow Jones Industrial Average shed 274 points at 21750, the NASDAQ gave up 123 points at 6221, and the S&P 500 lost 38 points at 2430. Dow Transports sank 224 points to 9152, while the Dow Jones Utility Index was off 5 points at 734. Russell 2000 small caps ended the session at 1358, down 24 points. 766 million and 493 million shares were traded on the New York Stock Exchange and NADAQ, respectively. Decliners outnumbered advancers on the NYSE nearly 3 to 1 and 4 to 1 on the NASDAQ.

Gold for December settled at $1292.40, up 0.7 percent. The US dollar strengthened slightly versus major rivals. Falling US crude supplies sent oil prices higher, with September WTI crude settling at $47.09 per barrel, up 0.7 percent. Recent US treasury yields: 1.3 percent for the 2-year note, 1.8 percent for the 5-year note, 2.2 percent for the 10-year note, and 2.8 percent for the 30-year bond.

-- Clients with questions concerning this Afternoon Comment are advised to contact Amanda Collier at 1-800-444-1854 x8820 or (502) 588-8820. Members of the media are advised to contact Gary England at 1-800-444-1854 x1738 or (502) 588-1738. --

The major indices moved higher today with the Dow, S&P 500, and the NASDAQ all closing up on the day. In economic news, housing starts slowed 4.8% from June¿s pace to a 1.16 million seasonally adjusted annual rate. Housing permits were also 4.1% lower than June¿s level, at a 1.22 million seasonally adjusted annual rate. Sweet crude for October delivery closed down 1.6% at $46.94 per barrel.

The Dow Jones Industrials rose 26 points to close at 22,025. The S&P 500 was up 4 points at 2,468. The NASDAQ advanced 12 points to finish the day at 6,345 as the small caps of the Russell 2000 were down 1 point at 1,382. Dow Transports were up 6 points at 9,377, while the Dow Utility Index advanced 2 points to 740.

Trading volume totaled 731 million shares on the New York Stock Exchange while 424 million were exchanged on the NASDAQ. There were 3 stocks higher for every 2 lower on the New York Stock Exchange and slightly more than 5 stocks advancing for every 4 declining on the NASDAQ. U.S. Treasury securities moved higher today with the 5-, 10-, and 30-year yields closing down at 1.79%, 2.24%, and 2.82%, 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.
Tell A Friend Tell A Friend
 
 
 Securities and Advisory Services offered by J. J. B. Hilliard, W.L. Lyons, LLC, A Registered Broker Dealer and Investment Advisor, Member NYSE / FINRA / SIPC. Trust Services are offered through Hilliard Lyons Trust Company, LLC, an affiliate of J. J. B. Hilliard, W.L. Lyons, LLC. Hilliard Lyons does not offer legal, accounting or tax advice. You should consult your own tax or legal counsel prior to making any decision that may affect your tax or legal situation. To understand how Hilliard Lyons is compensated for its services, please click here.

These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable-we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.

Third Party Web Sites – We may link to or provide access to other web sites or services from other companies or organizations. You agree that we are not responsible for, and do not control those web sites or services.
 


Check the background of this financial professional on FINRA's BrokerCheck.