In the news from CNNMoney: U. S. Executives cut hiring plans before the election. People are keeping their old iPhones longer. Human-carrying drone will begin tests in Nevada. U. S. government data reveal 13,000 jobs have been cut at clothing and clothing accessory stores in past three months. Pink is becoming the most fashionable color in retail–as in pink slips: Gap, Sears, Penney’s are closing stores; Macy’s, Walmart, Nordstrom and Ralph Lauren are cutting jobs. Cities need more teachers of color. Latinos see a bright financial future despite barriers. Amazon is pumping $3 billion more into India. America has 5.8 million job openings. Google is the most valuable brand in the world, at $229 billion.
On the Big Board:
The Dow Jones Industrial Average nudged up +0.37 percent, +66.77 points, to end the day at 18,005.05.
The NASDAQ nudged up +0.26 percent, -+12.89 points to close at 4,974.64.
The S&P 500 added +0.33 percent, +6.99 points, to close at 2,119.12.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) nudged up +0.72 percent to finish at 1447.8. Active MH-related stocks closed mixed or even. Northstar Realty Finance advanced the most, gaining +4.14 percent, +0.55 points, to close at $13.82. Skyline Corp. fell the most of tracked stocks, -4.42 percent, -0.45 points, to end the day at $9.73.
Affiliated Managers Group, Inc. (NYSE: AMG) $170.94 -0.79 (-0.46%)
Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers 213,500. +1,290.00 (+0.61%).
Carlyle Group (NASDAQ:CG) $16.33 -0.07 (-0.43%).
Cavco Industries, Inc. (NASDAQ:CVCO) $101.01 +1.97 (+1.99%).
Deer Valley Corporation (OTCMKTS:DVLY) $ 0.65 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $80.70 +1.70 (+2.15%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $72.02 -0.08 (-0.11%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Louisiana-Pacific Corporation (NYSE:LPX) $18. 30 -0.10 (-0.54%).
Nobility Homes Inc. (OTCMKTS:NOBH) $13.75 -0.25 (-1.79%)
Northstar Realty Finance Corp (NYSE:NRF) $13.82 +0.55 (+4.14%)
Patrick Industries, Inc. (NASDAQ:PATK) $53.39 +0.29 (+0.55%).
Skyline Corporation (NYSE:SKY) $9.73 -0.45 (-4.42%).
Sun Communities Inc. (NYSE:SUI) $68.64 +0.43 (+0.63%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $51.24 +0.24 (+0.47%).
UMH Properties, Inc. (NYSE:UMH) $10.54 +0.35 (+3.43%).
Universal Forest Properties, Inc. (NYSE:UFPI) $87.69 +1.89 (+2.20%). #
(Graphic credit: CNNMoney)
Article submitted by Matthew J Silver to Daily Business News-MHProNews.