Posting the worst day in 2015, the Dow Jones Industrial Average plummeted 332.78 points in today’s trading. Falling oil prices, uncertainty about Chinese manufacturing and falling bank stocks made investors worried. In addition, the dollar is trading at a 12-year high against the Euro—great if you are traveling abroad, but not so great if you are trying to sell merchandise overseas. The MHVC also dropped, -1.70 percent.
Meanwhile,the Nasdaq fell to 4,859.80, while the S&P 500 closed at 2,044.16.
Dow Jones Industrial Average 17,662.94 -332.78 (-1.85%).
Nasdaq 4,859.80 -82.64 (-1.67%).
S&P 500 2,044.16 -35.27 (-1.70%).
The Yahoo! Finance Manufactured Housing Composite Value: 590.1 Today’s Change: -1.70%.
As of 4 PM ET, CNNMoney Finance tells MHProNews most tracked stocks fell, however Skyline Corp. managed a gain of + 0.28 percent. Other tracked stocks:
Affiliated Managers Group, Inc. (NYSE: AMG) $208.91 -5.65 (-2.63%)
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st, Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $217,400.00 -3,100. (-1.41%).
Carlyle Group (NASDAQ:CG) $27.21 -0.03 (-0.11%).
Cavco Industries, Inc. (NASDAQ:CVCO) $69.04 -1.09 (-1.55%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.70 0.00% (0.00%).
Drew Industries, Inc. (NYSE:DW) $59.14 -0.46 (-0.77%)
Equity LifeStyle Properties, Inc. (NYSE:ELS) $52.41 -0.23 (-0.44%).
Killam Properties Inc. (TSE:KMP) $8.63 +0.00 (0.00%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.05 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $15.94 -0.44 (-2.69%).
Nobility Homes Inc. (OTCMKTS:NOBH) $10.10 0.00 (0.00%).
Patrick Industries, Inc. (NASDAQ:PATK) $56.16 +0.04 (+0.08%).
Skyline Corporation (NYSEMKT:SKY) $3.60 +0.01 (+0.28%).
Sun Communities Inc. (NYSE:SUI) $66.59 -0.37 (-0.55%).
Third Avenue Value Instl (OTCMKTS:TAVFX) (Oct. 30) $56.74 0.00 (0.00%).
UMH Properties, Inc. (NYSE:UMH) $9.32 -0.02 (-0.20%).
Universal Forest Products, Inc (NYSE:UFPI) $50.32 -1.50 (-2.90%). ##
(Graphic credit: CNNMoney)
(Article submitted by Matthew J. Silver to Daily Business News-MHProNews.