In the news from CNNMoney: China has stopped bleeding cash…for now. Dow has worst day in six weeks. U. S. vows to crack down on shell companies as tax dodges. Here comes the worst earnings season since the Great Recession. Angola, hurt by falling oil prices, asks IMF for a bailout. Libyan fighters buying weapons on Facebook. Banks to disclose links to Panama Papers firm.
On the Big Board:
The Dow Jones Industrial Average slipped -0.98 percent, -174.09 points to end the day at 17,541.96
The NASDAQ fell -1.47 percent, -72.35 points to close at 4848.37.
The S&P 500 lost -1.20 percent, -24.75 points, to end the day at 2,041.91.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -2.42 percent to finish at 1249. All but two active MH-related stocks closed down in today’s trading. Third Avenue Value Instl edged up +0.57 points, to end the day at $47.92. Deer Valley Homes fell -6.14 percent, the most of active tracked stocks, -0.03 points, to close at $0.61.
Affiliated Managers Group, Inc. (NYSE: AMG) $156.00 -4.70 (-2.92%).
Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $211,401.00 -1,589. (-0.75%).
Carlyle Group (NASDAQ:CG) $16.07 -0.04 (-0.25%).
Cavco Industries, Inc. (NASDAQ:CVCO) $88.26 -2.88 (-3.16%).
Deer Valley Corporation (OTCMKTS:DVLY) $ 0.53 -0.03 (-6.14%).
Drew Industries, Inc. (NYSE:DW) $60.75 -1.98 (-3.16%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $71.10 -0.13 (-0.18%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Louisiana-Pacific Corporation (NYSE:LPX) $17.75 -0.16 (-0.89%).
Nobility Homes Inc. (OTCMKTS:NOBH) $14.00 0.00 (0.00%)
Northstar Realty Finance Corp. (NYSE:NRF) $12.48 -0.39 (-3.03 %)
Patrick Industries, Inc. (NASDAQ:PATK) $45.60 -0.14 (-2.23%).
Skyline Corporation (NYSE:SKY) $8.83 -0.14 (-1.56%).
Sun Communities Inc. (NYSE:SUI) $71.27 +0.40 (+0.56%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $47.92 +0.57 (+1.20%)
UMH Properties, Inc. (NYSE:UMH) $9.61 -0.17 (-1.74%).
Universal Forest Properties, Inc. (NYSE:UFPI) $83.35 -3.84 (-4.40%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.