In the news from CNNMoney: Asia’s richest man, Wang Jianlin, has lost about $13 billion in Chinese stock crash. NRA sues Seattle over $25 gun tax. Oil prices fall below $39. Chinese government acts to stem the falling markets.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -2.35 percent to close at 875.6. Manufactured housing related stocks we cover closed mixed or even. Carlyle Group advanced the most, +1.85 percent, following its loss yesterday of -5.39 percent, to close at $20.35. Third Avenue Value fell the most of tracked stocks, -4.00 percent, to end the day at $50.37.
On the Big Board:
The Dow Jones Industrial Average, after regaining over 400 points earlier in the day, lost -1.29 percent, -204.91 points, to finish the third day of decline, ending the day at 15,666.44.
The NASDAQ fell -0.44 percent, -19.76 points to close at 4,506.49.
The S&P 500 dropped -1.35 percent, the most of all three indices, -25.59 points, to finish at 1,867.62.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $179.59 -3.14 (-1.72%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $193,450.00 -2,555.00 (-1.31%).
Carlyle Group (NASDAQ:CG) $20.35 +0.37 (+1.85%).
Cavco Industries, Inc. (NASDAQ:CVCO) $70.71 -0.97 (-1.32 %).
Deer Valley Corporation (OTCMKTS:DVLY) $0.65 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $52.50 +0.08 (+0.15%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $54.60 -1.18 (-2.12%).
Killam Properties Inc. (TSE:KMP) $9.81 +0.14 (+1.45%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $15.26 -0.33 (-2.12%).
Nobility Homes Inc. (OTCMKTS:NOBH) $10.15 0.00 (0.00%).
Patrick Industries, Inc. (NASDAQ:PATK) $35.77 +0.29 (+0.82%).
Skyline Corporation (NYSE:SKY) $3.28 -0.0472 (-1.42%).
Sun Communities Inc. (NYSE:SUI) $64.94 -0.41 (-1.17%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $50.37 -2.10 (-4.00%).
UMH Properties, Inc. (NYSE:UMH) $9.25 -0.06 (-0.64%).
Universal Forest Products, Inc. (NYSE:UFPI) $59.10 -0.96 (-1.60%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.