SEBI Reg. Investment Advisor

Download App
Help Center Subscribe
Money Works 4 Me Logo MoneyWorks4Me
Talk to Advisor
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up
  1. Home
  2. Stock Market News
  3. US markets end mostly lower on Wednesday

US markets end mostly lower on Wednesday

28 Feb 2019 Evaluate

The US markets bounced off intraday lows but still ended mostly lower on Wednesday as comments from US Trade Representative Robert Lighthizer partly offset recent optimism about the US-China trade talks. Lighthizer, who is described as hawkish on trade, told members of the House Ways and Means Committee that China needs to go beyond pledging to buy more US goods to reach to a long-term trade agreement. Lighthizer said ‘We can compete with anyone in the world, but we must have rule, enforced rules, that make sure market outcomes and not state capitalism and technology theft determine winners’. The reaction to Lighthizer's remarks reflected the lingering uncertainty about a potential US-China trade deal even after President Donald Trump decided to postpone an increase in tariffs on Chinese imports.

On the economic front, a government shutdown-delayed report released by the Commerce Department showed new orders for US manufactured goods rose by much less than anticipated in the month of December. The Commerce Department said factory orders inched up by 0.1% in December after falling by a revised 0.5% in November. Street had expected orders to climb by 0.5% compared to the 0.6% decrease originally reported for the previous month. The uptick in factory orders came as a jump in orders for durable goods was largely offset by a steep drop in orders for non-durable goods. The report said durable goods orders surged up by 1.2% in December, largely reflecting a 3.2% spike in orders for transportation equipment.

Dow Jones Industrial Average declined 72.82 points or 0.28 percent to 25985.16 and S&P 500 was down by 1.52 points or 0.05 percent to 2792.38, while Nasdaq gained 5.21 points or 0.07 percent to 7554.51. 

Register Now to get our Free Newsletter & much more!
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

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

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

MoneyWorks4Me ensures this through: