In the news from CNNMoney: Oil, trading around $31/bbl, could drop to $20/bbl. Buick developing 400 HP concept car. Following a brutal first week, China’s stocks dropped another 5.3 percent on the first day of the week. Playboy mansion on the block for $200 million. Rolls Royce sales plummet in China. Macy’s to close nearly 40 stores, challenging struggling malls.
On the Big Board:
The Dow Jones Industrial Average reversed its direction in trading, although not by much, moving up +0.32 ercent, +52.12 points, to end at 16,398.57.
The NASDAQ dropped -0.12 percent, -slipping -5.64 points, to end the day at 4,637.99.
The S&P 500 nudged up +0.09 percent, +1.64 points, to finish at 1,923.67.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +1.93 percent to finish at $1095.3. Tracked stocks we follow closed mixed or even. Drew Industries moved up more than other MH-related stocks, +3.02 percent, +1.64 points to close at $56.03. Carlyle Group fell the most, -3.60 percent, -0.50 points, to end at $13.38.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $134.92 +0.69 (+0.52%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $193,060 -840. (-0.43%).
Carlyle Group (NASDAQ:CG) $13.38 -0.50 (-3.60%).
Cavco Industries, Inc. (NASDAQ:CVCO) $79.30 +1.82 (+2.35%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.68 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $56.03 +1.64 (+3.02%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $65.92 +1.03 (+1.59%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $16.78 +0.23 (+1.39%).
Nobility Homes Inc. (OTCMKTS:NOBH) $12.25 0.00 (0.00%)
Patrick Industries, Inc. (NASDAQ:PATK) $36.39 -1.15 (-3.06%).
Skyline Corporation (NYSE:SKY) $3.66 -0.04 (-1.08%).
Sun Communities Inc. (NYSE:SUI) $67.96 +0.91 (+1.36%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $45.00 -0.41 (-0.90%).
UMH Properties, Inc. (NYSE:UMH) $9.81 +0.06 (+0.62%).
Universal Forest Properties, Inc. (NYSE:UFPI) $64.07 0.00 (0.00%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.