US markets closed mostly lower; Dow reports minor gains

15 Sep 2017 Evaluate

The US markets closed mostly lower on Thursday, while the Dow closed at a record for a third session in a row, the broader markets sagged on the back of weak retail shares. North Korea made more threats in response to the latest United Nation sanctions, vowing to sink Japan with a nuclear weapon and reduce the US mainland to ashes and darkness. The acerbic rhetoric comes after the UN Security Council on Monday unanimously adopted tougher sanctions against North Korea targeting its exports and oil imports.

On the economy front, the number of Americans who sought unemployment benefits in early September declined, but the effects of Hurricane Irma could keep new jobless claims at elevated levels over the next few weeks. Initial jobless claims in the period running from September 3 to September 10 slipped to 284,000 from 298,000. Claims had surged at the end of August to a two-and-a-half year high after Hurricane Harvey puts lots of people in the thriving Houston metropolis temporarily out of work. A monthly average of jobless claims seen as a more stable barometer of labor-market trends rose by 13,000 to 263,250. That’s the highest level in a year, though it’s expected to turn lower again by the end of the month. The number of people already collecting unemployment checks, known as continuing claims, fell by 7,000 to 1.94 million in the first week of September.

Meanwhile, higher housing costs and gas prices socked consumers in August, but the cost of medical care grew at the slowest rate since 1965. The consumer price index, or cost of living, surged 0.4% last month to mark the biggest increase since January. An index that tracks the cost of shelter - houses, apartments, hotels - also posted the biggest monthly increase since 2005. The shelter index rose 0.5%, including a big increase in rents. The rise in consumer prices in August lifted the yearly increase in inflation to 1.9% from 1.7%, just a shade below the Federal Reserve’s 2% target.

The Nasdaq dropped 31.11 points or 0.48 percent to 6,429.08, the S&P 500 lost 2.75 points or 0.11 percent to 2,495.62, while the Dow Jones Industrial Average added 45.3 points or 0.20 percent to 22,203.48.

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.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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