In the news from CNNMoney: Roger Ailes leaves Fox News. Chinese immigrant cleaned houses, walked dogs, and is now head of Stanford U.’s artificial intelligence lab. Feds try to seize Wall Street Journal reporter’s phones at LAX. Facebook valued at $1 trillion? Starbucks sales are slowing: stock sinks. America’s biggest oil boom came under Obama. Trump supporters feel worse off than Clinton fans. Denim jeans manufacturer in SC says without NAFTA he would be out of business. GM posts record earnings. Shatter-resistant phone screen coming.
The Dow Jones Industrial Average slipped -0.42 percent, -77.80 points, to close at 18,517.23.
The NASDAQ also slipped -0.31 percent, -16.03 points to finish at 5,073.90.
The S&P 500 nudged down -0.36 percent, -7.85 points, to close at 2,165.17.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) edged down -2.01 percent to end at 1388.7. MH-related stocks closed mixed or even, although Third Avenue Value Institutional moved up +0.91 percent as the top gainer, +0.46 points, to end the session at $20.42. Universal Forest Products Inc. slipped the most of tracked stocks, -0.93 percent, -2.31 points to end the day at $50.86.
Affiliated Managers Group, Inc. (NYSE: AMG) $145.94 -0.67 (-0.46%).
Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers 216,315 -2,872. (-1.31%).
Carlyle Group (NASDAQ:CG) $16.73 +0.08 (+0.48%).
Cavco Industries, Inc. (NASDAQ:CVCO) $100.99 -0.43 (-0.42%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.47 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $90.19 -0.31 (-0.34%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $80.46 +0.08 (+0.10%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Louisiana-Pacific Corporation (NYSE:LPX) $20.29 -0.13 (-0.64%).
Nobility Homes Inc. (OTCMKTS:NOBH) $15.00 0.00 (0.00%)
Northstar Realty Finance Corp (NYSE:NRF) $12.96 -0.03 (-0.23%)
Patrick Industries, Inc. (NASDAQ:PATK) $63.87 -0.64 (-0.99%).
Skyline Corporation (NYSE:SKY) $9.23 -0.02 (-0.22%).
Sun Communities Inc. (NYSE:SUI) $75.85 +0.23 (+0.30%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $50.86 +0.46 (+0.91%).
UMH Properties, Inc. (NYSE:UMH) $12.31 -0.03 (-0.24%).
Universal Forest Properties, Inc. (NYSE:UFPI) $99.52 -2.31 (-2.27%). ##
(Graphic credit: CNNMoney–Dow Jones Industrial Average)
Article submitted by Matthew J Silver to Daily Business News-MHProNews.