US markets closed higher on hopes of delay in rate hike

07 Apr 2015 Evaluate

The US market closed higher on Monday, on bets that the Federal Reserve will move more slowly in raising interest rates given Friday’s disappointing jobs report. On the economy front, companies in the US service sector such as health care and retail grew at a slightly slower but still solid pace in March. The Institute for Supply Management stated that its nonmanufacturing index fell to 56.5% from 56.9% in February. Still, readings over 50% signal more businesses are expanding instead of contracting. The survey is compiled from a questionnaire of the executives who buy supplies for their companies and it tends to rise in fall in tandem with the broader economy. The new orders index rose 1.1 points to 57.8% while employment edged up 0.2 points to 56.6%, the highest level since last July. However, the Federal Reserve’s Labor Market Conditions Index, a compilation of 19 labor market measures, fell to negative 0.3 in March from a revised positive 2.0 in February.

Meanwhile, New York Federal Reserve President William Dudley stated that the economy should speed up soon after a first-quarter slowdown that he blames partly on bad weather. But he also offered caveats that leave plenty of room for doubt and suggested that Fed won’t raise interest rates at least until September. Dudley expects US growth to slow to 1% in the first quarter from 2.2% in the final three months of 2014. He pointed to a string of soft economic reports, including a mediocre 126,000 increase in US jobs in March that was only half as large as expected. Dudley attributed the recent slowdown mainly to three factors: harsh weather, a stronger dollar and the negative effects of cheap oil on the vibrant US energy industry.

The Dow Jones Industrial Average added 117.61 points or 0.66 percent to 17,880.85, Nasdaq was up by 30.38 points or 0.62 percent to 4,917.32 while, S&P 500 was higher by 13.66 points or 0.66 percent to 2,080.62.

The Indian ADRs closed mostly in red on Monday; HDFC Bank was down 0.14%, Infosys was down 0.09% and ICICI Bank was down by 0.08%. On the other hand, Dr. Reddy’s Lab was up 1.84% and Tata Motors was up 0.76%.

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.