Noteworthy headlines on CNNMoney – Starbucks CEO Howard Schultz to step down. Trump: Companies to be punished for leaving U.S. 6 million borrowers are 90 days late on their car loans. Marijuana stock IPO goes up in smoke.
Some bullets from MarketWatch – Dow closes at record high, Nasdaq slumps with tech stocks weak. Smith & Wesson shares fall after fiscal Q2 earnings. What happens if Italy votes “no’ on Sunday? Netflix is rolling out download feature for movies and TV series.
Oil up 2.94%. Gold up 0.05.
Three Major U.S. Market Tickers and closing numbers at the bell today…
S&P 500 2,191.08 -7.73 (-0.35%)
Dow JIA 19,191.93 68.35 (0.36%).
Nasdaq 5,251.11 –72.57 (-1.36%).
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Berkshire Hathaway (BRK/A) and Skyline Corp. (SKY). The top two sliders for the day were Patrick Industries Inc. (PATK) and UMH Properties Inc. (UMH). Killam held steady today, as the stock is only being bought/sold periodically. (Notice: ALWAYS look at the date on the Bloomberg chart below, as some stocks aren’t traded daily, etc.).
Manufactured Housing Composite Value (MHCV) Ticker
Note: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. Drew, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##
(Image credits are as shown above.)
Submitted by RC Williams to the Daily Business News for MHProNews.
