US markets closed higher on Greece deal hopes

11 Feb 2015 Evaluate

The US markets ended higher on Tuesday, sending the benchmark S&P 500 to its highest close this year. Investor optimism was fueled by hopes that embattled Greece and its creditors are nearing a compromise to avert a default. On the economy front, job openings in the US rose in December to the highest since 2001 - and the number of people hired climbed to the highest level since 2007. The report follows last week’s strong jobs report, which showed the economy added 257,000 jobs in January. US wholesale inventories barely rose in December, the latest suggestion that fourth-quarter growth could be revised lower. The Commerce Department stated that wholesale inventories edged up 0.1% as lower crude oil prices weighed on the value of petroleum stocks. Stocks at wholesalers had increased by an unrevised 0.8% in November. However, small-business sentiment slipped in January on a decline in optimism over sales growth and business conditions. The National Federation of Independent Business’ small-business optimism index fell 2.5 points to 97.9, with seven out of 10 components declining.

Meanwhile, two voting members of the Federal Reserve’s policy committee signaled that they were nearing the point where they would pull the trigger and lift interest rates. Jeffrey Lacker, the president of the Richmond Fed, stated that a June rate hike was an attractive option for him. Lacker is one of the more hawkish Fed presidents, so pressing for a rate hike in June is perhaps not so surprising. John Williams, the president of the San Francisco Fed, sounded a bit more hawkish, saying conditions are getting closer and closer to those where it makes sense to really start thinking seriously about starting this process of normalization. The San Francisco Fed president has not committed to a move in June but added that it would be the first meeting where a hike should be on the table.

The Dow Jones Industrial Average added 139.55 points or 0.79 percent to 17,868.76, the Nasdaq gained 61.64 points or 1.30 percent to 4,787.65, while the S&P 500 was higher by 21.85 points or 1.07 percent to 2,068.59.

The Indian ADRs closed in green on Tuesday; Tata Motors was up by 1.35%, HDFC Bank was up by 1.31%, Dr. Reddy’s Lab was up by 0.81%, ICICI Bank was up 0.34% and Infosys was up 0.29%.

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.