In the news from CNNMoney: Big oil and gas stock spikes 61 percent in two days. While Coca-Cola stock is up eight percent this year, Pepsi is up five percent—both stocks hit ready highs on Monday. Venezuela has 500 percent inflation. Oil hits new 2016 high, $42.17. The new normal: four job changes by the time you are 32. China posts worst quarterly growth in seven years, but will invest $30 billion in U. S. this year.
On the Big Board:
The Dow Jones Industrial Average gained +0.94 percent, +164.84 points to end at 17,721.25.
The NASDAQ was up +0.80 percent, +38.69 points to close at 4872.09.
The S&P 500 advanced +0.97 percent, +19.73 points, to end the day at 2,061.72.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +0.92 percent to finish at 1248.9. MH-related stocks closed mixed or even in today’s trading. Deer Valley spiked +13.31 percent, +0.07 points, to end the day at $0.59. Universal Forest Products fell the most, dropping -0.61 percent, the most of active tracked stocks, -0.50 points, to close at $81.90.
Affiliated Managers Group, Inc. (NYSE: AMG) $164.15 +5.01 (+3.15%).
Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $213,700.00 2,040.00. (+0.96%).
Carlyle Group (NASDAQ:CG) $16.41 +0.30 (+1.86%).
Cavco Industries, Inc. (NASDAQ:CVCO) $88.13 +0.43 (+0.49%).
Deer Valley Corporation (OTCMKTS:DVLY) $ 0.59 +0.07 (+13.31%).
Drew Industries, Inc. (NYSE:DW) $62.10 +0.30 (+0.49%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $70.93 +0.28 (+0.40%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Louisiana-Pacific Corporation (NYSE:LPX) $17.48 -0.09 (-0.51%).
Nobility Homes Inc. (OTCMKTS:NOBH) $13.85 0.00 (0.00%)
Northstar Realty Finance Corp. (NYSE:NRF) $12.97 +0.24 (+01.89 %)
Patrick Industries, Inc. (NASDAQ:PATK) $46.34 +0.42(+0.91%).
Skyline Corporation (NYSE:SKY) $8.78 +0.13 (+1.50%).
Sun Communities Inc. (NYSE:SUI) $71.12 -0.18 (-0.25%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $47.63 +0.10 (+0.21%)
UMH Properties, Inc. (NYSE:UMH) $9.70 -0.05 (-0.51%).
Universal Forest Properties, Inc. (NYSE:UFPI) $81.90 -0.50 (-0.61%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.