SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

US markets end higher on Tuesday

04 May 2022 Evaluate

The US markets ended higher on Tuesday as investors looked forward to a pivotal Federal Reserve decision. The Fed is widely expected to raise interest rate by 50 basis points, the sharpest rate hike in about 22 years. The accompanying statement is eyed for clues about how aggressively the central bank plans to tighten monetary policy. Further, some support also came in as new orders for US manufactured goods spiked by more than expected in the month of March, according to a report released by the Commerce Department.  The report showed factory orders surged by 2.2 percent in March following a revised 0.1 percent uptick in February. Street had expected factory orders to jump by 1.1 percent compared to the 0.5 percent drop originally reported for the previous month.

The sharp increase in factory orders came as orders for non-durable goods soared by 3.2 percent, while orders for durable goods shot up by 1.1 percent. The report also showed shipments of manufactured goods spiked by 2.3 percent in March after jumping by 1.1 percent in February. Inventories of manufactured goods also shot up by 1.3 percent in March following a 0.9 percent increase in February. With orders jumping by inventories, the inventories-to-shipments ratio dropped to 1.43 in March from 1.45 in February. Meanwhile, data showed the number of job openings in the US rose by 205,000 from a month earlier to a series high of 11.549 million in March of 2022.

Dow Jones Industrial Average added 67.29 points or 0.2 percent to 33,128.79, Nasdaq rose 27.74 points or 0.22 percent to 12,563.76 and S&P 500 was up by 20.1 points or 0.48 percent to 4,175.48. 

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

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

MoneyWorks4Me ensures this through: