Manufactured Housing Stocks and DOW Both Decline Today

stock-market-jan-13-2015In the manufactured housing market, nearly all stocks declined, with the MHCV going down 2.15%. Skyline was the exception and its stock went up 3.08%.

USA Today  tells MHProNews  the Dow ended a bit in the red Tuesday after a wild, 400-point swing, indicating just how volatile the stock market has been in early 2015.

The Dow Jones industrial average finished down 0.2% — about 27 points — after being up about 281 points and down about 120 at one point. The Standard & Poor’s 500 index lost 0.3% — a little more than 5 points — after being up as much as 30 points. The NASDAQ composite index dropped 0.1%.

Marketwatch advises that the market’s dramatic reversal from triple-digit gains to big losses reflects the lack of conviction and confidence among investors as crude oil’s unabated slide stoked fears of global deflation.

Listed below are the closing numbers for today’s stock trading.

Dow                  17,613.68       -27.16   (-0.15%).

S&P 500              2,023.03       -5.23    (-0.26%).

Nasdaq                4,661.50       -3.21    (-0.07%).

The Yahoo! Finance Manufactured Housing Composite Value (MHCV): Composite Value: 584.9 Today’s Change: -2.15%.

As of approximately 4 PM ET, CNNMoney and Google Finance tell MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) 201.17  -0.42 (-0.21%).

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage, 21st Mortgage Corp., and other factory built housing industry suppliers. 223,000.00  +575.56 (0.26%).

Carlyle Group (NASDAQ:CG)   25.65  -0.20 (-0.77%).

Cavco Industries, Inc. (NASDAQ:CVCO) 77.09 -3.17 (-3.95%).

Deer Valley Corporation (OTCMKTS:DVLY) 0.600  0.000 (0.00% Dec. 31).

Drew Industries, Inc. (NYSE:DW)  48.00  -0.08 (-0.17%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) 55.55 -0.04 (-0.07%).

Killam Properties Inc. (TSE:KMP) 10.55  +0.03 (0.29%).

Liberty Homes, Inc. (OTCMKTS:LIBHA) 0.100  0.000 (0.00% Jan. 8).

Louisiana-Pacific Corporation (NYSE:LPX) 16.08  -0.37 (-2.25%).

Nobility Homes Inc. (OTCMKTS:NOBH) 9.75  -0.30 (-2.99% Jan. 13).

Patrick Industries, Inc. (NASDAQ:PATK)  42.46  -0.61 (-1.42%).

Skyline Corporation (NYSEMKT:SKY) 3.68 +0.11 (3.08%).  See an impressive Skyline related story of rapid plant recovery, linked here.

Sun Communities Inc. (NYSE:SUI) 66.67 -0.96 (-1.42%).

Third Avenue Value Fund Institutional Class (OTCMKTS:TAVFX) 55.82 -0.07 (-0.13%).

UMH Properties, Inc. (NYSE:UMH) 9.74  +0.03 (0.31%).

Universal Forest Products, Inc. (NASDAQ:UFPI) 52.34 -0.38 (-0.72%).

(Graphic credit: CNNMoney)

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Article submitted by Sandra Lane to Daily Business News, MHProNews.

 

 

 

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