In the news from CNNMoney: 36,000 Verizon workers go on strike. 20 percent of big companies pay no corporate income taxes. Reporter resigns over newspaper’s support of Donald Trump—paper is owned by Trump’s son-in-law. Bernie Sanders wants to end fracking boom. Retail sales fell -0.1 percent in March. Puerto Rico is losing one doctor a day. Five “too-big-to-fail” banks are violating Dodd-Frank Act. Peabody Energy, the world’s largest privately-owned coal company, files for bankruptcy.
On the Big Board:
The Dow Jones Industrial Average gained +1.06 percent, +187.03 points to end at 17,908.28.
The NASDAQ advanced +1.55 percent, +75.33 points to close at 4947.42.
The S&P 500 moved up +1.00 percent, +20.70 points, to end the day at 2,082.42
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +2.11 percent to finish at 1275.2. All MH-related stocks closed up or even except Sun Communities in today’s trading. Carlyle Group advanced more than any other active stock, +5.06 percent, +0.83 points, to end the day at $5.06. Sun Communities fell the most of active stocks, dropping -1.73 percent, the most of active tracked stocks, -1.23 points, to close at $69.89.
Affiliated Managers Group, Inc. (NYSE: AMG) $170.49 +6.34 (+3.86%).
Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $216,130.00 +2,430. (+1.14%).
Carlyle Group (NASDAQ:CG) $17.24 +0.83 (+5.06%).
Cavco Industries, Inc. (NASDAQ:CVCO) $89.72 +1.59 (+1.80%).
Deer Valley Corporation (OTCMKTS:DVLY) $ 0.59 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $64.05 +1.95 (+3.14%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $70.32 -0.61 (+-0.86%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Louisiana-Pacific Corporation (NYSE:LPX) $17.87 +0.39 (+2.23%).
Nobility Homes Inc. (OTCMKTS:NOBH) $14.00 +0.15 (+1.08%)
Northstar Realty Finance Corp. (NYSE:NRF) $13.14 +0.17 (+01.31 %)
Patrick Industries, Inc. (NASDAQ:PATK) $47.97 +1.63 (+3.52%).
Skyline Corporation (NYSE:SKY) $9.02 +0.24 (+2.73%).
Sun Communities Inc. (NYSE:SUI) $69.89 -1.23 (-1.73%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $48.17 +0.54 (+1.13%)
UMH Properties, Inc. (NYSE:UMH) $9.78 +0.82 (%).
Universal Forest Properties, Inc. (NYSE:UFPI) $84.96 +3.06 (+3.74%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.