U.S. markets ended marginally lower on Wednesday, as traders remained cautious ahead of the release of AI giant Nvidia’s second-quarter results. Sentiment also remained mildly downbeat following a closely watched Commerce Department report showing that U.S. consumer prices increased slightly more than expected in July. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after edging down by 0.1 percent in June. Street had expected prices to inch up by 0.1 percent. The report also said the annual rate of growth by the PCE price index came in at 3.7 percent in July, unchanged from in June. The annual rate of growth was expected to dip to 3.6 percent. Excluding food and energy prices, the core PCE price index rose 0.2 percent in July after increasing 0.1 percent in June. The annual growth rate of core PCE remained unchanged at 3.3 percent, in line with expectations. Additionally, the U.S. economy expanded at an annualized rate of 1.5 percent in the second quarter of 2026, slowing from 2.1 percent in the previous quarter and matching the preliminary estimate.
On the sectoral front, computer hardware and networking stocks advanced notably during the session, with the NYSE Arca Computer Hardware Index and the NYSE Arca Networking Index gaining 1.9 percent and 1.6 percent, respectively.
Dow Jones Industrial Average down by 113.52 points or 0.21 percent to 53,463.88, Nasdaq declined 21.10 points or 0.08 percent to 26,130.19, and S&P 500 decreased 1.58 points or 0.02 percent to 7,675.7.
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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Name of the IA registered
with SEBI: |
The Alchemists Ark Pvt. Ltd. |
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Logo:
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Trade/Brand
Name of IA: |
MoneyWorks4Me Investment Advisers |
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Brand Logo:
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SEBI Registration Number:
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INA000013323 Validity – May 16, 2019 – Perpetual |
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Registration:
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Non-Individual |
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BSE Enlistment No:
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1187 |
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Address:
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B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045 |
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Compliance Officer
Details: |
Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com |
Telephone: +919860359463 Address: Same as IA |
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Grievance Officer
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Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com |
Telephone: +919860919463 Address: Same as IA |
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Principal Officer
Details: |
Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com |
Telephone: +919175899463 Address: Same as IA |
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Standard Warning:
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Investment in securities market are subject to market risks. Read all the related documents carefully before investing. |
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Disclaimer:
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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. |
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