In the news from CNNMoney: Millennials are earning less than their parents. Walmart starts cutting off Visa in Canada. CMMG, assault rifle AR 15 maker, moving factory from Fayette to Boonvile, Missouri, less than 20 miles. Fiat Chrysler sales numbers questioned by Feds. Turkey’s currency plunges amid military coup. Pokemon Go sends smartphone battery stock skyrocketing. High schoolers manufacturing airplane parts. Attacks in France, Egypt, Turkey and Tunisia scaring away millions of tourists. Waterless toilet turns waste into clean water. Brits rush for EU passports in the wake of Brexit vote. Netflix stock crashes on big subscriber miss.
The Dow Jones Industrial Average nudged up+0.09 percent, +16.50 points, to end the week at 18,533.05, as it continues to set new record highs.
The NASDAQ advanced more than the other two major indices, gaining+0.52 percent, +26.19 points to finish at 5,055.78.
The S&P 500 also moved up +0.24 percent, +5.15 points, to close at 2,166.89.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained 1.00 percent to end at 1502.9.. Most MH-related stocks closed up or even, and Cavco Industries gained more than other tracked stocks, +3.82 percent, +3.78 points, to close at $102.61. Carlyle Group slipped more than any other active stock we cover, -0.18 percent, -0.03 points, to end the day at $16.37.
Affiliated Managers Group, Inc. (NYSE: AMG) $146.42 +1.78 (+1.23%).
Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers 219,900 +910. (+0.42%).
Carlyle Group (NASDAQ:CG) $16.37 -0.03 (-0.18%).
Cavco Industries, Inc. (NASDAQ:CVCO) $102.61 +3.78 (+3.82%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.47 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $90.32 +0.63 (+0.70%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $81.00 +0.58 (+0.72%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Louisiana-Pacific Corporation (NYSE:LPX) $19.70 +0.51 (+2.66%).
Nobility Homes Inc. (OTCMKTS:NOBH) $15.50 0.00 (0.00%)
Northstar Realty Finance Corp (NYSE:NRF) $12.99 +0.41 (+3.26%)
Patrick Industries, Inc. (NASDAQ:PATK) $65.47 +0.47 (+0.72%).
Skyline Corporation (NYSE:SKY) $9.24 +0.14 (+1.54%).
Sun Communities Inc. (NYSE:SUI) $75.38 -0.09 (-0.12%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $50.41 0.00 (0.00%).
UMH Properties, Inc. (NYSE:UMH) $12.33 +0.11 (+0.90%).
Universal Forest Properties, Inc. (NYSE:UFPI) $100.99 +1.20 (+1.20%). ##
Graphic credit: CNNMoney)
Article submitted by Matthew J Silver to Daily business News-MHProNews.