In the news from CNNMoney: Sell-offs of Chevron and Exxon pushed stocks down as crude oil fell four percent. Fed is getting closer to raising interest rates. First-time home buyers returning. Interest rates dip to 2.97%. Third bailout for Greece starts Thursday.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -1.91 percent to end at 958.4. Most manufactured housing stocks we cover dropped, or closed even, although Deer Valley shot up +18.18 percent, the most of tracked stocks. Sun Communities fell -2.41 percent today, the most of stocks we follow.
On the Big Board:
The Dow Jones Industrial Average dropped -0.93 percent, -162.61 points, ending at 17,348.73
The NASDAQ fell -0.80 percent, -40.30 points to close at 5,019.05.
The S&P 500 declined -0.83 percent, -17.31 points, to finish at 2,079.61.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $201.77 -3.14 (-1.53%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $210,660. -1,440.00 (-0.68%).
Carlyle Group (NASDAQ:CG) $22.57 -0.47 (-2.04%).
Cavco Industries, Inc. (NASDAQ:CVCO) $74.16 -0.27 (-0.36 %).
Deer Valley Corporation (OTCMKTS:DVLY) $0.65 +0.10 (+18.18%).
Drew Industries, Inc. (NYSE:DW) $57.33 -0.69 (-1.19%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $59.28 -0.17 (-0.28%).
Killam Properties Inc. (TSE:KMP) $10.34 -0.07 (-0.67%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $16.82 -0.34 (-1.98%).
Nobility Homes Inc. (OTCMKTS:NOBH) $10.15 0.00 (0.00%).
Patrick Industries, Inc. (NASDAQ:PATK) $39.34 +0.48 (+1.24%).
Skyline Corporation (NYSE:SKY) $3.26 0.00 (0.00%).
Sun Communities Inc. (NYSE:SUI) $67.88 -1.67 (-2.41%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $55.42 -0.01 (-0.02%).
UMH Properties, Inc. (NYSE:UMH) $9.59 -0.06 (-0.62%).
Universal Forest Products, Inc. (NYSE:UFPI) $64.16 -0.05 (-0.08%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.