CNNMoney says – Waiting for the Fed: Market volatility is back from summer break. MarketWatch’s bullets include – Wall Street’s ‘fear gauge’ shows that it may get ugly in the stock market. Stocks sell off as retreating oil, Fed worries dog market. They note too that GOP nominee Donald Trump says that Fed Chair Janet Yellen is playing politics, propping up the market in an effort to help Democrats in the upcoming election. Oil and gold both closed down.
Three Major U.S. Market Tickers and closing numbers at the bell today…
S&P 500 2,127.02 -32.02 (-1.48%).
Dow IJA 18,066.75 -258.32 (-1.41%).
Nasdaq 5,155.25 -56.63 (-1.09%).
9.13.2016 – Credit, Yahoo! Tickers.
While TAVFX rose yesterday (that is always a one day trailing report), only Killam and Deer Valley held steady, all other stocks closed down. The biggest decliners where suppliers Drew and UFPI.
Manufactured Housing Composite Value Ticker
Image credit, Yahoo, for the Daily Business News, MHProNews.Graphic credit, Bloomberg Ticker for Daily Business News Manufactured Housing Industry Connected Stock Market Report, MHProNews.Graphic credit, Bloomberg Ticker for Daily Business News Manufactured Housing Industry Connected Stock Market Report, MHProNews.
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. Drew, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##
(Image credits are as shown.)
L. A. ‘Tony’ Kovach is the publisher of MHProNews.com and MHLivingNews.com.
MH Industry Market Report by L. A. “Tony” Kovach, to the Daily Business News for MHProNews.
