In the news from CNNMoney: Nevada casinos lose $662 million as gamblers pass on the deal. Black unemployment falls to lowest rate since 2007. Economy adds 292,000 jobs in Dec. 2015, 2.65 million jobs in 2015. Old Navy sales plunge. Nearly half of U. S. stocks are in a bear market. Saudi Arabia may sell part of its giant oil company. NFL to live stream three London games next year.
On the Big Board:
Tthe Dow Jones Industrial Average continued its fall, losing -1,079 points in the first week of trading for 2016. In today’s trading, the Dow lost -1.02 percent, -167.65 points, to end the week at 16,346.45.
The NASDAQ dropped -0.98 percent, -45.80 points, to end the day at 4,643.63.
Similarly, the S&P 500 sank -1.08 percent, -21.06 points, to finish at 1,922.03
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -1.39 percent to finish at $1074.6. All except one of the tracked stocks we follow closed down or even to end the week’s trading: Universal Forest Products. Inc. moved up +0.37 percent, +0.21 points to close at $65.66. Skyline Corp. fell the most -8.64 percent, -0.35 points, to end at $3.70.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $139.00 0.00 (0.00%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $193,900 -1,680. (-0.86%).
Carlyle Group (NASDAQ:CG) $13.88 -0.53 (-3.68%).
Cavco Industries, Inc. (NASDAQ:CVCO) $77.53 -0.47 (-0.61%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.68 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $54.39 -0.54 (-0.98%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $64.89 -0.69 (-1.05%).
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) $16.55 -0.19 (-1.14%).
Nobility Homes Inc. (OTCMKTS:NOBH) $12.25 0.00 (0.00%)
Patrick Industries, Inc. (NASDAQ:PATK) $40.04 -0.49 (-0.71%).
Skyline Corporation (NYSE:SKY) $3.70 -0.35 (-8.64%).
Sun Communities Inc. (NYSE:SUI) $67.05 -0.26 (-0.39%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $45.00 -0.41 (-0.90%).
UMH Properties, Inc. (NYSE:UMH) $9.75 -0.11 (-1.12%).
Universal Forest Properties, Inc. (NYSE:UFPI) $65.66 +0.21 (+0.37%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.