US markets make positive close on Friday

11 Feb 2017 Evaluate

US markets ended the session in green on Friday, as traders remained optimistic about corporate tax reform under President Donald Trump. At a meeting with airline executives on Thursday, Trump pledged to unveil a tax plan that includes a ‘big league’ reduction in the tax burden on American business in the next few weeks. Trump has previously proposed reducing the corporate income tax rate to 15 or 20 percent from the current rate of 35 percent. Some support also came on reports that Trump spoke by phone with Chinese President Xi Jinping and agreed to honor the ‘one China’ policy also eased concerns about tensions between the two economic superpowers.

On the U.S. economic front, Labor Department released a report showing import prices rose by more than expected in January amid another jump in fuel prices. The import prices increased 0.4 percent in January after climbing by an upwardly revised 0.5 percent in December. Though, the street had expected import prices to rise by 0.2 percent. The report also said export prices inched up by 0.1 percent in January after rising by 0.4 percent in December. The uptick in export prices matched street expectations.

Meanwhile, a separate report from the University of Michigan showed a bigger than expected pullback in consumer sentiment in February. The preliminary report showed that the consumer sentiment index dropped to 95.7 in February from the final January reading of 98.5. Economists had expected the index to edge down to 97.9. The bigger than expected decrease by the index came after it reached its highest level since January of 2004 in the previous month.

The Dow Jones Industrial Average gained 96.97 points or 0.48 percent to 20,269.37, the Nasdaq rose 18.95 points or 0.33 percent to 5,734.13 and S&P 500 gained 8.23 points or 0.36 percent to 2,316.10.

The Indian ADRs closed mostly in red; Dr. Reddy's Lab declined 0.40%, ICICI Bank dipped 0.07%, Infosys Technologies slipped 0.07% and Wipro was down by 0.01%. On the flip side, HDFC Bank gained 0.21% and Tata Motors was up by 0.05%.

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.