In the news from CNNMoney: Oprah loses 26 pounds, Weight Watchers stock soars. China stocks lose another six percent, as cries of U. S. recession get louder: Survey of economists reveal 18 percent chance of all-out recession. Disney sued for replacing American workers with foreigners. Kalashnikov AK-47s now made in Florida. China’s economic data chief under scrutiny.
On the Big Board:
The Dow Jones Industrial Average rose strongly +1.78 percent, +282.01 points, to end at 16,167.23.
The NASDAQ also had a good day, rising +1.09 percent, +49.18 points, to end the day at 4,567.67.
The S&P 500 similarly gained sharply, +1.41 percent, +26.55 points, to finish at 1,903.63.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +1.74 percent to finish at $998.00. Tracked stocks we follow closed mixed, or remained even, although Universal Forest Products gained +3.64 percent, more than other stocks, +2.35 points to close at $66.98. Deer Valley dropped sharply, the ost of tracked stocks, -4.43 percent, losing 0.0260 to end the day at $0.5740.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $131.40 +3.22 (+2.51%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $189,640 +2,639.00 (+1.41%).
Carlyle Group (NASDAQ:CG) $13.26 +0.35 (+2.71%).
Cavco Industries, Inc. (NASDAQ:CVCO) $80.62 +2.35 (+3.00%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.5740 -0.0260 (-4.43%).
Drew Industries, Inc. (NYSE:DW) $56.13 +1.14 (+2.07%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $65.87 -1.40 (-2.08%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $15.28 +0.24 (+1.60%).
Nobility Homes Inc. (OTCMKTS:NOBH) $13.75 0.00 (0.00%)
Patrick Industries, Inc. (NASDAQ:PATK) $33.65 +0.85 (+2.59%).
Skyline Corporation (NYSE:SKY) $4.55 +0.02 (+0.44%).
Sun Communities Inc. (NYSE:SUI) $67.18 +0.30 (+0.45%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $43.62 +0.85 (+1.99%).
UMH Properties, Inc. (NYSE:UMH) $9.55 +0.06 (+0.17%).
Universal Forest Properties, Inc. (NYSE:UFPI) $66.98 +2.35 (+3.64%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.