In the news from CNNMoney: Oil prices have fallen nearly 20 percent this month. No stock market correction has occurred in four years, even though the crises in China, Greece, falling commodity prices and the threat of rising interest rates smack of danger.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +0.48 percent to end the day at 954.16. More manufactured housing stocks we cover closed up rather than down, or even, with Berkshire Hathaway gaining the most, +2.07 percent. Sun Communities and Third Avenue Value Fund both moved down more than other tracked stocks, -0.80 percent.
On the Big Board:
The Dow Jones Industrial Average gained +1.09 percent, +189.68 points, to end the day at 17,630.27.
The NASDAQ moved +0.98 percent, +49.43 points to close at 5,089.21.
The S&P 500 +1.24 percent, +25.61 points, to finish at 2,093.25.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $208.63 -1.53 (-0.73%)
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $215,091 +4,366.00 (+2.07%)
Carlyle Group (NASDAQ:CG) $26.02 +0.33 (+0.12%).
Cavco Industries, Inc. (NASDAQ:CVCO) $72.01 +1.07 (+1.51%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.45 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $57.22 +0.64 (+1.13%)
Equity LifeStyle Properties, Inc. (NYSE:ELS) $57.07 +0.20 (+0.35)
Killam Properties Inc. (TSE:KMP) $10.04 +0.13 (+1.31%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $14.40 +0.19 (+1.34%).
Nobility Homes Inc. (OTCMKTS:NOBH) $10.00 +0.15 (+1.52%).
Patrick Industries, Inc. (NASDAQ:PATK) $36.70 +0.24 (+0.68%).
Skyline Corporation (NYSE:SKY) $3.15 +0.0236 (+0.75%)
Sun Communities Inc. (NYSE:SUI) $66.76 -0.54 (-0.80%)
Third Avenue Value Instl (OTCMKTS:TAVFX) $54.88 -0.44 (-0.80%).
UMH Properties, Inc. (NYSE:UMH) $9.50 -0.02 (-0.21%)
Universal Forest Products, Inc. (NYSE:UFPI) $61.86 +0.84 (+1.38 %). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.