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707 Vail Street | Princeton, IN 47670 | 800-840-5966 | Map/Directions
Princeton



707 Vail Street
Princeton, IN 47670

800-840-5966

Alan H. Newman, CWA®
Senior Vice President
Regional Manager
812/426-1481
ANewman@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 move higher as Donald Trump takes office. Basic materials and telecommunication stocks paced gains. Healthcare stocks remained weak. In earnings news, Procter & Gamble rallied 3 percent after posting better than expected earnings results. Conversely, General Electric's top line results fell short of expectations, prompting its stock to fall more than 2 percent.

The Dow Jones Industrials surged 94 points to 19,827. The S&P 500 added 7 points to 2271. The NASDAQ climbed 15 points to 5555. The small caps of the Russell 2000 pushed 6 points higher to 1351. The Dow Transports advanced 60 points to 9224 while the Dow Utility Index inched fractionally higher to 658.

Trading volume totaled 980 million on the New York Stock Exchange and 470 million shares were exchanged on the NASDAQ. There were 9 stocks higher for every 5 lower on both the New York Stock Exchange and NASDAQ. 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 all moved to the downside on the eve of the inauguration of President-elect Trump. In international news, European Central Bank President Draghi said the ECB is ready to expand quantitative easing if necessary. In US economic news, weekly jobless claims fell 15,000 to 234,000. Housing starts rose to a 1.23 million annualized level last month. Likewise, January's Philadelphia Fed manufacturing index unexpectedly rose. There is no economic data scheduled for tomorrow.

The Dow Jones Industrials shed 72 points to 19,732. The S&P 500 fell 8 points to 2263. The NASDAQ lost 15 points to 5540. The small caps of the Russell 2000 gave back 12 points to 1345. The Dow Transports gained 23 points to 9163 while the Dow Utility Index shed 5 points to 657.

Trading volume totaled 754 million on the New York Stock Exchange and 418 million shares were exchanged on the NASDAQ. There were 3 stocks lower for every 1 higher on the New York Stock Exchange. Decliners exceeded advancers by more than a 2 to 1 margin on the NASDAQ. U.S. 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 major indices finished mixed with the Dow losing ground while the other indices edged higher. There was a plethora of economic releases today. Consumer prices rose 0.3 percent as expected in December. Industrial production rose 0.8 percent and capacity utilization moved higher to 75.5 percent last month. Meanwhile, January's homebuilders' index fell to 67. Sweet crude for March delivery fell $1.07 to $52.19 per barrel.

The Dow Jones Industrials lost 22 points to 19,804. The S&P 500 added 4 points to 2271. The NASDAQ climbed 16 points to 5555. The small caps of the Russell 2000 gained 6 points to 1358. The Dow Transports advanced 41 points to 9140 while the Dow Utility Index inched fractionally lower to 663.

Trading volume totaled 770 million on the New York Stock Exchange and 398 million shares were exchanged on the NASDAQ. There were 15 stocks higher for every 13 lower on the New York Stock Exchange. Winners exceeded losers by a 4 to 3 margin. U.S. Treasury securities moved lower 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 sold off amid weakness in banks, pharmaceutical and industrial shares. US Treasury securities moved higher across the board. Sweet crude for March delivery rose 17 cents to $53.32 per barrel. In economic news, January's Empire state index fell to 6.5 from 7.6 in its previous reading. Consumer price data as well as industrial production and capacity utilization are due out tomorrow.

The Dow Jones Industrials lost 58 points to 19,826. The S&P 500 shed 6 points to 2267. The NASDAQ retreated 35 points to 5538. The small caps of the Russell 2000 unwound 19 points to 1352. The Dow Transports lost 102 to 9099 while the Dow Utility Index gained 7 points to 664.

Trading volume totaled 900 million on the New York Stock Exchange and 438 million shares were exchanged on the NASDAQ. There were 16 stocks lower for every 13 higher on the New York Stock Exchange. Losers doubled winners on the NASDAQ. 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.
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 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.

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