In the news from CNNMoney: Saudi prince owns 5% of Twitter. IMF says global growth is worse since the crash. Michigan woman wins $310.5 million Powerball. 273,000 union workers face pension cuts. Billionaire Barry Diller says he will leave the country if Trump is elected.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +2.03 percent to close at 932.4. All but one manufactured housing related stocks we cover closed higher, or remained even, but Louisiana Pacific Corp. gained more than other covered stocks, +4.48 percent to close at $16.57, marking the third consecutive day it outpaced other MH-related stocks we follow. Skyline Corp. was the sole stock we track that fell, -2.94 percent, to end the day at 2.64.
On the Big Board:
The Dow Jones Industrial Average gained +0.73 percent, +122.10 points, to end the day at 16,912.29.
The NASDAQ moved up +0.90 percent, +42.79 points, to end at 4,791.15.
The S&P 500 advanced +0.80 percent, +15.91 points, to close at 1,995.83.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $177.07 +3.00 (+1.72%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $199,000 +2,280.00 (+1.16%).
Carlyle Group (NASDAQ:CG) $18.96 +0.52 (+2.82%).
Cavco Industries, Inc. (NASDAQ:CVCO) $73.36 +2.94 (+4.17%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.70 0.00 (0.00 %).
Drew Industries, Inc. (NYSE:DW) $56.21 +1.42 (+2.59%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $59.65 +0.20 (+0.34%).
Killam Properties Inc. (TSE:KMP) $10.12 +0.15 (+1.50%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $16.57 +0.71 (+4.48%).
Nobility Homes Inc. (OTCMKTS:NOBH) $13.00 0.00 (0.00%).
Patrick Industries, Inc. (NASDAQ:PATK) $42.63 +1.71 (+4.18%).
Skyline Corporation (NYSE:SKY) $2.64 -0.08 (-2.94%).
Sun Communities Inc. (NYSE:SUI) $68.01 +0.62 (+0.92%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $52.43 +0.57 (+1.10%).
UMH Properties, Inc. (NYSE:UMH) $9.84 +0.24 (+2.50%).
Universal Forest Products, Inc. (NYSE:UFPI) $59.70 +1.24 (+2.12%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.