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Nate Munro
Financial Consultant


333 West Louis Glick Highway
PO Box 904
Jackson, MI 49201

517/796-5594

800/310-6634
Latest Video Client Alert
Welcome to Hilliard Lyons

WELCOME TO HILLIARD LYONS

I value your time, so I’ll get right to the point:  I’d like to be the Financial Consultant to help you and your family get where you want to be.

Whether its purchasing a new home, sending children to college, preparing for retirement, selling/passing along a business or building a lasting legacy, I’ll help you find the personalized investment strategy that’s right for you.

The complexity of todays economy makes building, protecting and passing along your wealth to the next generation more difficult than ever.  And navigating the intricacies of business trends, evolving technologies and governmental policies make going it alone an increasingly risky proposition.

At Hilliard Lyons, wealth management is about more than markets and returns.  We understand that as your life unfolds, your priorities change…and that your wealth management strategy should change as well. 

I invite you to call or email me today to find out more.

Daily Market Comment

Daily Market Recap -


Updated Each Business Day at Approximately 4:30 pm ET.



US markets slid into negative territory on Thursday as third quarter earnings season arrived in earnest. Q3 results at financial heavyweights Citigroup and JPMorgan Chase both bested analyst expectations but shares of both declined for the session. Profit warnings sent shares of AT&T, Juniper Networks, and J. Jill lower. In economic news the Bureau of Labor Statistics said its producer price index rose 0.4 percent last month, matching economists' forecasts for September.

The Dow Jones Industrial Average lost 31.88 points at 22841.01, the S&P 500 shed 4.31 points at 2550.93, and the NASDAQ Comp slid 12.04 points at 6591.51. Dow Transports jumped 61.47 points at 10038.13, the Dow Jones Utility Index added 2.42 points at 744.88, and the Russell 2000 small caps ended the session 1.76 points lower at 1505.16. 788 million and 504 million shares were traded on the New York Stock Exchange and NADAQ, respectively. Advancers outnumbered decliners 15 to 13 on the NYSE, while decliners outpaced advancers on the NASDAQ 16 to 13.

The US dollar mostly treaded water on Wednesday. Gold for December delivery rose 0.6 percent, settling at $1296.50. Traders considered global supplies of crude, which the Intl Energy Agency said were higher for September, and domestic crude stockpiles, which per the US government were lower for the third consecutive week. November WTI crude settled at $50.60 per barrel, off 1.4 percent. Recent US treasury yields: 1.5 percent for the 2-year note, 1.9 percent for the 5-year note, 2.3 percent for the 10-year note, and 2.9 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. --

On Wednesday US stocks ended the session in mostly positive territory, with benchmark indexes Dow 30, S&P 500, and NASDAQ Comp once again achieving a trifecta of record high closes. Dow 30 components Johnson & Johnson and McDonald's led the way higher, with shares up 2.1 and 1.6 percent, respectively. Investors digested minutes from September's Federal Reserve policy meeting, which suggested the Fed wants one more interest rate increase in spite of low inflation. Third quarter earnings season begins in earnest tomorrow with releases from financial sector heavyweights Citigroup and JPMorgan Chase.

The Dow Jones Industrial Average added 42.21 points at 22872.89, the S&P 500 rose 4.60 points at 2555.24, and the NASDAQ Comp gained 16.30 points at 6603.55. Dow Transports jumped 48.18 points to 9926.66, the Dow Jones Utility Index was up 3.03 points at 742.46, and the Russell 2000 small caps ended the session down 1.21 points at 1506.79. 742 million and 448 million shares were traded on the New York Stock Exchange and NADAQ, respectively. Advancers outnumbered decliners 17 to 11 on the NYSE, while decliners outpaced advancers on the NASDAQ 15 to 14.

The US dollar sagged versus major rivals after the Fed minutes were released, with the ICE Dollar Index off 0.3 percent to 93.02. Gold futures settled lower for Wednesday, though post-Fed minutes the futures rebounded somewhat in electronic trading. Oil prices were higher as traders weighed OPEC's rising output in September against OPEC's increased crude demand outlook; November WTI crude settled at $51.30 per barrel, up 0.8 percent. Recent US treasury yields: 1.5 percent for the 2-year note, 2 percent for the 5-year note, 2.3 percent for the 10-year note, and 2.9 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 consumer staples sector helped the US markets into the green on Tuesday, with Dow 30 component Wal-Mart leading the way -- shares closed up 4.5 percent following an investor meeting where the retailer said it would keep its sales focus on growing e-commerce and existing stores. Procter & Gamble was down 0.6 percent after the company's current directors were re-elected in a shareholder proxy vote. Nelson Peltz, an activist investor, had been on the ballot.

The Dow Jones Industrial Average jumped 69.61 points to 22830.68 (its 47th record high close for the year), the NASDAQ Comp added 7.52 points at 6587.25, and the S&P 500 was 5.91 points higher at 2250.64. Dow Transports soared 63.59 points at 9928.48, the Dow Jones Utility Index rose 7.64 points at 739.43, and the Russell 2000 small caps ended the session up 4.44 points at 1508. 709 million and 426 million shares were traded on the New York Stock Exchange and NADAQ, respectively. Advancers outnumbered decliners 2 to 1 on the NYSE and 3 to 2 on the NASDAQ.

Geopolitical pressures and a stronger British pound weighed on the US dollar, with the ICE Dollar Index down 0.5 percent at 93.26. Inversely, Gold for December delivery rose 0.7 percent, settling at $1293.80 per ounce. Oil prices were higher as traders digested slower crude output due to hurricanes and a pledge regarding a monthly reduction in exported crude from Saudi Arabia. November WTI crude settled at $50.92 per barrel, up 2.7 percent. Recent US treasury yields: 1.5 percent for the 2-year note, 2 percent for the 5-year note, 2.4 percent for the 10-year note, and 2.9 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. --
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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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