In the news from CNNMoney: Illinois and Pennsylvania are 170 days overdue on budgets. Olive Garden is making a comeback. UN urges freezing supply of ISIS money and guns. Star Wars has record $57 million opening night. Billionaire casino mogul Sheldon Adelson confirmed that his family has purchased the Las Vegas Review-Journal. Hoverboads are illegal in New York City.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +0.69 percent to close at $1119.00. Despite the massive drop of the Dow in today’s trading, tracked stocks closed mixed, and Nobility Homes gained the most, +6.61 percent, +0.80 points, to close at $12.90. Patrick Industries and Berkshire Hathaway both fell the most, -3.12 percent, than other MH-related stocks. Patrick lost -1.26 points to end the week at $39.19. Berkshire Hathaway dropped -6,280 points to close at $194,720.
On the Big Board:
The Dow Jones Industrial Average plummeted -2.10 percent, -367.29 points, to end the day at 17,128.55.
The NASDAQ fell -1.59 percent, -79.47 points, to finish the week at 4,923.08.
The S&P 500 lost -1.78 percent, -36.34 points, to close at 2,005.55.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $153.75 -3.98 (-2.52%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $194,720 -6,280.00 (-3.12%).
Carlyle Group (NASDAQ:CG) $15.61 -0.32 (-2.01%).
Cavco Industries, Inc. (NASDAQ:CVCO) $83.73 +0.43 (+0.52%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.75 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $59.61 -0.24 (-0.40%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $65.27 -0.41 (-0.62 %).
Killam Properties Inc. (TSE:KMP) $10.77 +0.17 (+1.60%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $16.98 +0.04 (+0.24%).
Nobility Homes Inc. (OTCMKTS:NOBH) $12.90 +0.80 (+6.61%)
Patrick Industries, Inc. (NASDAQ:PATK) $39.19 -1.26 (-3.12%).
Skyline Corporation (NYSE:SKY) $2.70 +0.02 (+0.75%).
Sun Communities Inc. (NYSE:SUI) $68.63 -0.89 (-1.28%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $47.75 -0.82 (-1.69%).
UMH Properties, Inc. (NYSE:UMH) $10.34 +0.11 (+1.08%).
Universal Forest Properties, Inc. (NYSE:UFPI) 68.33 -1.23 (-1.77%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.