In the news from CNNMoney: Amazon stock soars as earnings beat forecasts. Confidence in U. S. economy plunges. Delta buys 75 new Bombardier jets. Facebook will someday be worth $1 trillion. The CEO of Priceline is out following affair with employee. Billionaire Apple investor Carl Icahn dumped his Apple stock, citing competition from China, causing the stock to fall two percent. U. S. economy only grew 0.5 percent in the first quarter. China’s global shopping spree for hotels is back on.
On the Big Board:
The Dow Jones Industrial Average fell -1.17 percent, -210.79 points to end the day at 17,830.76.
The NASDAQ dropped -1.19 percent, -57.85 points to close at 4805.29
The S&P 500 lost –0.92 percent, -19.34 points, to close at 2,075.81.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) dropped -2.72 percent to finish at
1325.8. All active MH-related stocks closed down or even, with Patrick Industries falling more than any other active stock, -4.55 percent, -2.23 points, to end the day at $46.73. A number of stocks we cover fell in the three digit range.
Affiliated Managers Group, Inc. (NYSE: AMG) $173.77 -5.24 (-2.93%).
Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $219,120.00 -2,310.00 (-1.04%).
Carlyle Group (NASDAQ:CG) $17.11 -0.57 (-3.22%).
Cavco Industries, Inc. (NASDAQ:CVCO) $87.09 -3.20 (-3.54%).
Deer Valley Corporation (OTCMKTS:DVLY) $ 0.65 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $64.51 -0.50 (-0.77%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $69.85 -0.41 (-0.58%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Louisiana-Pacific Corporation (NYSE:LPX) $16.59 -0.50 (-2.93%).
Nobility Homes Inc. (OTCMKTS:NOBH) $15.00 0.00 (0.00%)
Northstar Realty Finance Corp. (NYSE:NRF) $13.00 -0.24 (-1.81%)
Patrick Industries, Inc. (NASDAQ:PATK) $46.73 -2.23 (-4.55%).
Skyline Corporation (NYSE:SKY) $8.95 -0.25 (-2.72%).
Sun Communities Inc. (NYSE:SUI) $68.32 -0.13 (-0.19%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $50.35 -0.57 (-1.12%)
UMH Properties, Inc. (NYSE:UMH) $9.82 -0.13 (-1.31%).
Universal Forest Properties, Inc. (NYSE:UFPI) $81.49 -0.89 (-1.08%). ##
(Graphic credit: CNNMoney)
