In the news from CNNMoney: With a 17 percent stake in Volkswagen, Qatar has lost nearly $5 billion. Aids drug raised from $13.50 a pill to $750 each. Brian Williams will begin covering live, breaking news on MSNBC. VW stock drops 20 percent, as it stands to lose $7.3 billion over having compromised 11 million vehicles worldwide. Amazon shares are up more than 70% this year.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) dropped 3.04 percent to close at 908.4. All manufactured housing related stocks we cover closed down, or remained even, except Third Avenue Value which gained +0.27, to finish the day at $51.47. Cavco Industries fell the most of stocks we follow, -3.92 percent, to end the day at $67.41.
On the Big Board:
The Dow Jones Industrial Average fell -1.09 percent, -179.72 points, to end the day at 16,330.47.
The NASDAQ dropped the most of the three major indices, -1.50 percent, -72.24 points to finish at 4,756.72.
The S&P 500 moved down -1.23 percent, -24.23 points, to close at 1,942.74.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $171.75 -4.27 (-2.43%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $195,386 -1,636.00 (-0.83%).
Carlyle Group (NASDAQ:CG) $19.58 -0.47 (-2.34%).
Cavco Industries, Inc. (NASDAQ:CVCO) $67.41 -2.75 (-3.92%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.70 0.00 (0.00 %).
Drew Industries, Inc. (NYSE:DW) $54.43 -1.90 (-3.37%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $57.61 -0.61 (-1.05%).
Killam Properties Inc. (TSE:KMP) $10.00 -0.04 (-0.40%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $15.29 -0.49 (-3.11%).
Nobility Homes Inc. (OTCMKTS:NOBH) $10.75 0.00 (0.00%).
Patrick Industries, Inc. (NASDAQ:PATK) $41.79 -1.11 (-2.59%).
Skyline Corporation (NYSE:SKY) $3.02 -0.0501 (-1.63%).
Sun Communities Inc. (NYSE:SUI) $66.77 -0.33 (-0.49%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $51.47 +0.14 (+0.27%).
UMH Properties, Inc. (NYSE:UMH) $9.59 0.00 (0.00%).
Universal Forest Products, Inc. (NYSE:UFPI) $59.95 -1.00 (-1.63%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.