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200 Association Drive | Suite 100 | Charleston, WV 25311 | 800-444-1118 | Map/Directions
Charleston



200 Association Drive
Suite 100
Charleston, WV 25311

800-444-1118

Richard D. Wolford, AAMS®,CWA®
First Vice President
Branch Manager
304/340-3763
RWolford@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 moved lower with the S&P 500, NASDAQ, and the Dow all closing down on the day. In economic news, manufacturing grew at the slowest pace in three months during September. The Markit flash U.S. manufacturing PMI index still indicated expansion (>50), but fell to 51.4. Sweet crude for November delivery closed around 3.4% lower at $44.73 per barrel.

The Dow Jones Industrials fell 131 points to close at 18,261. The S&P 500 was down 12 points to close at 2,165. The NASDAQ declined 34 points to finish the day at 5,306 as the small caps of the Russell 2000 moved 8 points lower to close at 1,255. Dow Transports were down 26 points to 7,937, while the Dow Utility Index was down 2 points at 694.

Trading volume totaled 826 million shares on the New York Stock Exchange while 428 million shares were exchanged on the NASDAQ. There were more than 2 stocks lower for every 1 higher on the New York Stock Exchange and slightly more than 3 stocks declining for every 2 advancing on the NASDAQ. U.S. Treasury securities held steady today with the 5-, 10-, and 30-year yields closing at 1.16%, 1.62%, and 2.34%, 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.

The major indices continued to benefit from yesterday's news that the Federal Reserve was maintaining interest rates. Utilities, telecom and real estate investment trusts again paced advancers. Sweet crude for November delivery rose 77 cents to $46.12 per barrel.

The Dow Jones Industrials surged 98 to 18,392. The S&P 500 gained 14 points to 2177. The NASDAQ climbed 44 points to a new all-time high of 5339. The small caps of the Russell 2000 jumped 18 points to 1263. The Dow Transports added 31 points to 7963 and the Dow Utility Index edged 3 points higher to 696.

Trading volume totaled 855 million shares on the New York Stock Exchange and 436 million on the NASDAQ. Winners trounced losers by a 5 to 1 margin on the New York Stock Exchange. Advancers more than doubled decliners 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.

The major indices surge as the Federal Reserve stands pat on interest rates. Many market participants had been expecting the Fed to raise rates. Utilities, telecoms and real estate investment trusts rallied on the news. Sweet crude for November delivery rose $1.57 to $45.62 per barrel. Likewise, gold rose $10.72 to $1326.15 per ounce.

The Dow Jones Industrials surged 163 points to 18,293. The S&P 500 gained 23 points to 2163. The NASDAQ ascended 53 points to 5295. The small caps of the Russell 2000 jumped 16 points to 1245. The Dow Transports rallied 138 to 7931 and the Dow Utility Index marched 14 points higher to 692.

Trading volume totaled 898 million shares on the New York Stock Exchange and 478 million on the NASDAQ. Winners ousted losers by a 5 to 1 margin on the New York Stock Exchange. There were more than twice as many advancers compared to decliners on the NASDAQ. U.S. Treasury securities moved higher across the board as investors priced in today's Fed news.

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.

For a second straight session the major indices finish little changed. Investors remained on Fed watch ahead of tomorrow's Federal Reserve Open Market Committee meeting. Sweet crude for November delivery rose 57 cents to $44.44 per barrel. In economic news, housing starts fell to a lower than expected 1.142 million in August.

The Dow Jones Industrials gained 9 points to 18,129. The S&P 500 inched fractionally higher to 2139. The NASDAQ added 6 points to 5241. The small caps of the Russell 2000 unwound 4 points to 1228. The Dow Transports inched fractionally higher to 7793 and the Dow Utility Index was little changed, closing at 678.

Trading volume totaled 759 million shares on the New York Stock Exchange and 394 million on the NASDAQ. Losers outpaced winners by a 4 to 3 margin on the New York Stock Exchange. There were about 15 decliners for every 13 advancers on the NASDAQ. U.S. Treasury securities moved higher among mid and long-dated issues but were 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.

The major indices give up early gains to finish mostly lower. Investors remained on Fed watch ahead of Wednesday's Federal Reserve Open Market Committee meeting. Sweet crude for November delivery rose 14 cents to $43.76 per barrel. In economic news, September's home builders' index rose to a higher than expected 65.

The Dow Jones Industrials shed 3 points to 18,120. The S&P 500 inched fractionally lower to 2139. The NASDAQ surrendered 9 points to 5235. The small caps of the Russell 2000 advanced 7 points to 1232. The Dow Transports advanced 22 points to 7792 and the Dow Utility Index gained 7 points to 678.

Trading volume totaled 774 million shares on the New York Stock Exchange and 418 million on the NASDAQ. Winners doubled losers on the New York Stock Exchange. There were 4 advancers for every 3 decliner 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.
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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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