In other news, oil lands above $60 a barrel for the first time this year, other burger chains are eating McDonald’s for lunch, and venture capitalist Dave McClure, head of 500 Startups, says women and minorities are underpriced assets in today’s marketplace.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +0.60 percent, to close at 660.5, a gain above the loss of the Dow Jones, while most tracked manufactured housing stocks declined in today’s trading, or closed even. However, Louisiana Pacific spiked, gaining +5.40 percent, adding to its gain of +2.13 percent yesterday, while Drew Industries declined more than other stocks we follow, -3.93 percent.
While on the Big Board:
The Dow Jones Industrial Average fell -0.79 percent, -142.20 points, to end the day at 17,928.20.
The NASDAQ lost -1.55 percent, -77.60 points, to close under 5k at 4939.33.
The S&P 500 also dropped -1.18 percent, -25.03 points, to end at 2,089.46.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $223.71 -3.08 (-1.36%)
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $218,000.00 -1,290.00 (-0.59%)
Carlyle Group (NASDAQ:CG) $30.87 -0.62 (-1.97%).
Cavco Industries, Inc. (NASDAQ:CVCO) $66.99 +1.25 (+1.90%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.65 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $55.26 -2.26 (-3.93%)
Equity LifeStyle Properties, Inc. (NYSE:ELS) $52.23 -1.11 (-2.08%)
Killam Properties Inc. (TSE:KMP) $10.63 -0.17 (-1.57%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.05 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $17.18 +0.88 (+5.40%).
Nobility Homes Inc. (OTCMKTS:NOBH) $11.25 0.00 (0.00%).
Patrick Industries, Inc. (NASDAQ:PATK) $59.01 -1.17 (-1.94%).
Skyline Corporation (NYSE:SKY) $3.39 -0.0101 (-0.30%)
Sun Communities Inc. (NYSE:SUI) $60.88 -1.47 (-2.36%)
Third Avenue Value Instl (OTCMKTS:TAVFX) $58.55 -0.56 (-0.95%).
UMH Properties, Inc. (NYSE:UMH) 9.97 -0.16 (-1.58%)
Universal Forest Products, Inc. (NYSE:UFPI) $54.44 -0.26 (-0.48%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.