US markets end mostly higher as US-China trade talks intensify

05 Apr 2019 Evaluate

The US markets ended mostly higher on Thursday as investors continued to monitor trade talks between the US and China, which are reportedly in their final stretch. Meanwhile, Trump said the China talks were moving along nicely even while taking yet another swipe at the Federal Reserve for raising interest rates last year. At the same time, there are reportedly major hurdles to overcome regarding US desires to maintain some tariffs on Chinese goods as a means to ensure Chinese adherence to any deal. Besides, New York Fed President John Williams said that current monetary policy is appropriate for how the economy is performing. He also added that changes in long-run economic fundamentals, like lower growth potential and projected inflation, means that interest rates are likely to be lower for longer than what we saw in the 1990s.

On the economic front, with the more closely watched monthly jobs report looming, the Labor Department released a report showing an unexpected decrease in first-time claims for US unemployment benefits in the week ended March 30. The report said initial jobless claims dipped to 202,000, a decrease of 10,000 from the previous week's revised level of 212,000. The drop surprised participants, who had expected jobless claims to inch up to 216,000 from the 211,000 originally reported for the previous week. With the unexpected decrease, initial jobless claims fell to their lowest level since hitting a matching number in December of 1969. The Labor Department said the less volatile four-week moving average also edged down to 213,500, a decrease of 4,000 from the previous week's revised average of 217,500. Continuing claims, a reading on the number of people receiving ongoing unemployment assistance, also slid by 38,000 to 1.717 million in the week ended March 23. The four-week moving average of continuing claims dropped to 1,743,250, a decrease of 8,000 from the previous week's unrevised average of 1,751,250.

Dow Jones Industrial Average surged 166.50 points or 0.64 percent to 26384.63 and S&P 500 was up by 5.99 points or 0.21 percent to 2879.39, while Nasdaq declined 3.77 points or 0.05 percent to 7891.78.

Create stable, long-term investment portfolio with strong, consistent stocks.

Start Research-backed Investing ...Now. Subscribe to Sapphire

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.