Check the background of this financial professional on FINRA's BrokerCheck.
1950 U.S. 51 | Suite B | Dyersburg, TN 38024 | 800-588-1740 | Map/Directions
Dyersburg



1950 U.S. 51
Suite B
Dyersburg, TN 38024

800-588-1740

Otis U. Ozier, CWA®
Vice President
Branch Manager
901/767-2640
OOzier@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 Dow suffered a triple digit loss as banks and pharmaceuticals bore the brunt of the losses. In economic news, weekly jobless claims rose to a still lower than expected 254,000. Second quarter gross domestic product rose 1.4 percent as expected. Pending home sales fell 2.4 percent in August.

The Dow Jones Industrials gave back 195 points to 18,143. The S&P 500 surrendered 20 points to 2151. The NASDAQ unwound 49 points to 5269. The small caps of the Russell 2000 shed 17 points to 1237. The Dow Transports receded 20 points to 7984 and the Dow Utility Index subtracted 10 points to 673.

Trading volume totaled more than a billion shares on the New York Stock Exchange and 469 million on the NASDAQ. There were nearly 4 times as many losers compared to winners on the New York Stock Exchange. On the NASDAQ, decliners tripled advancers. U.S. Treasury securities were again 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 extended gains as oil surged $2.40 to $47.07 per barrel. Reports that OPEC was preparing to make production cuts prompted the advance. As such, energy stocks paced gains. Tempur Sealy International warned that its profits would fall short of expectations causing its stock to plummet more than 22 percent.

The Dow Jones Industrials jumped 110 points to 18,339. The S&P 500 rallied 11 points to 2171. The NASDAQ marched 12 points higher to 5318. The small caps of the Russell 2000 advanced 9 points to 1255. The Dow Transports climbed 23 points to 8004 and the Dow Utility Index shed 2 points to 683.

Trading volume totaled 925 million shares on the New York Stock Exchange and 414 million on the NASDAQ. Winners ousted losers by a 3 to 1 margin on the New York Stock Exchange. Advancers outnumbered decliners by 4 to 3 margin on the NASDAQ. U.S. 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 surged as consumer confidence rose. The move also came on the heels of the first presidential debate between Clinton and Trump. In economic news, consumer confidence surged to a higher than expected 104.1 for September. July home prices rose 5 percent and September's Markit services purchasing managers' index rose to 51.9.

The Dow Jones Industrials ascended 133 points to 18,228. The S&P 500 climbed 13 points to 2159. The NASDAQ jumped 48 points to 5305. The small caps of the Russell 2000 added 5 points to 1246. The Dow Transports marched 66 points higher to 7981 and the Dow Utility Index traded 7 points lower to 685.

Trading volume totaled 849 million shares on the New York Stock Exchange and 410 million on the NASDAQ. Winners exceeded losers by a 4 to 3 margin on the New York Stock Exchange. Advancers ousted decliners by a 9 to 5 margin on the NASDAQ. U.S. Treasury securities were mixed moving higher among longer dated issues but 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 took a hit as banks paced losses. In company specific news, Pfizer said it will not break-up into two separate companies. Oil rallied $1.09 to $45.57 per barrel sending many energy stocks higher. In economic news, new home sales fell to a higher than expected 609,000 last month.

The Dow Jones Industrials unwound 166 points to 18,094. The S&P 500 shed 18 points to 2146. The NASDAQ retreated 48 points to 5257. The small caps of the Russell 2000 shed 13 points to 1240. The Dow Transports lost 22 points to 7914 while the Dow Utility Index shed nearly 2 points to 692.

Trading volume amounted to 796 million shares on the New York Stock Exchange while 394 million shares were exchanged on the NASDAQ. Losers exceeded winners by a 2.5 to 1 margin on both the New York Stock Exchange and NASDAQ. U.S. 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 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.
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.