US markets closed mostly lower; Dow ekes out modest gains

05 Feb 2015 Evaluate

The US markets closed mostly lower on Wednesday, on news that the European Central Bank is rejecting Greek bonds as collateral. The news suggests that the ECB may be ready to play hardball with the newly installed Greek government led by Prime Minister Alexis Tsipras, who, along with Greek finance minister Yanis Varoufakis, has been trying to renegotiate the stringent terms of its bailout. On the economy front, private-sector employment gains decelerated in January as employers added 213,000 jobs. ADP revised December’s gain to 253,000 from a prior estimate of 241,000. Companies in the US service sector grew slightly faster in January, but they also cut back on the number of people they hired. The apparent slowdown in hiring among service and manufacturing companies at the start of a new year could be a hint that the job creation in January will fall short of December’s 252,000 mark. Another piece of evidence: The large payroll processor ADP showed that private sector added fewer employees in January compared to the last month of 2014. The Institute for Supply Management’s nonmanufacturing index edged up to 56.7% in January from 56.5% in December.

Meanwhile, Cleveland Federal Reserve President Loretta Mester stated that the Federal Reserve should likely raise interest rates in the first half of this year to account for an economic recovery that continues to build momentum. Mester added that she regards the US recovery as deeply rooted, with labor markets steadily improving, households and businesses freer from the heavy debt loads that constrained them, and low oil prices providing a tailwind to boost consumer spending.

The Nasdaq Composite was down by 11.04 points or 0.23 percent at 4,716.70, the S&P 500 closed lower by 8.52 points or 0.42 percent, to close at 2,041.51 while, the Dow Jones Industrial Average added 6.62 points or 0.04 percent to 17,673.02.

Indian ADRs closed mostly in red on Wednesday; Tata Motors was down by 0.93%, ICICI Bank was down by 0.20% and Wipro was down 0.14%. On the other hand, HDFC Bank was up by 1.19% and Infosys was up 0.26%.

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

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

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

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.