SEBI Reg. Investment Advisor

Download App
Help Center Subscribe
Money Works 4 Me Logo MoneyWorks4Me
Talk to Advisor
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up
  1. Home
  2. Stock Market News
  3. US markets surge; best two-day gains in three years

US markets surge; best two-day gains in three years

19 Dec 2014 Evaluate

The US markets climbed higher on Thursday; rallying to its best two-day gains in three years, as the Federal Reserve pledged to be patient on boosting rates. On the economy front, the number of people who applied for new unemployment benefits in mid-December remained below 300,000, a level typically associated with strong hiring. Initial jobless claims fell by 6,000 to a seasonally adjusted 289,000 in the seven days ended December 13. New applications for jobless benefits have tallied less than 300,000 in 13 of the past 14 weeks. The average of new claims over the past month, meanwhile, slipped by 750 and stood at 298,750. The four-week average smoothens out seasonal volatility in the weekly report and is seen as a more accurate predictor of labor-market trends. The leading economic index rose 0.6% in November, indicating the US is likely to expand at a fairly robust pace in the next few months. The coincident index, which measures current conditions, rose 0.4% in November, while the lagging index gained 0.3%. In October, the increase in the index was revised down a hair to show a 0.8% increase. The LEI is a weighted gauge of 10 indicators designed to signal business-cycle peaks and valleys.

However, the Federal Reserve Bank of Philadelphia’s monthly index on regional manufacturers fell to 24.5 in December from 40.8 in November, which was the highest reading in almost 21 years. Any reading above zero indicates that a net share of respondents saw an increase in the level of general business activity. Gauges of new orders and current shipments weakened, and there was deterioration in the labor market.

The Dow Jones Industrial Average added 421.28 points or 2.43 percent to 17,778.15, Nasdaq was up by 104.09 points or 2.24 percent to 4,748.40, while S&P 500 gained 48.34 points or 2.40 percent to 2,061.23.

Indian ADRs closed in green on Thursday; HDFC Bank was up 2.11%, Tata Motors was up by 1.43%, Infosys was up by 1.20%, Dr. Reddy’s Lab was up 0.66% and Wipro was up 0.61%.

Register Now to get our Free Newsletter & much more!
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: