In CNN News: Stocks rally despite hesitancy in Greece, Puerto Rico avoids July 1 default, Australia is selling a ranch the size of New Jersey, and homeownership among Generation X is dropping.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained 1.50 percent to end the day at 721.9. Most manufactured housing stocks we cover closed up or even. Equity LifeStyle Properties gained the most of tracked stocks, +2.99 percent, while Nobility Homes fell the most, dropping -6.37 percent.
On the Big Board:
The Dow Jones Industrial Average managed to move up again +138.40 points, +0.79 percent to end the day at 17,757.91, regaining more of the 350.33 points it shed in Monday’s trading.
The NASDAQ moved up +26.25 points, +0.53 percent to close at 5,013.12.
The S&P 500 advanced +14.31 points, +0.69 percent, to finish at 2,077.42.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $220.06 +1.46 (+0.67%)
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $206,365 +1,515.00 (+0.74%)
Carlyle Group (NASDAQ:CG) $28.21 +0.06 (+0.21%).
Cavco Industries, Inc. (NASDAQ:CVCO) $77.26 +1.82 (+2.41%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.65 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $58.43 +0.41 (+0.71 %)
Equity LifeStyle Properties, Inc. (NYSE:ELS) $54.15 +1.57 (+2.99%)
Killam Properties Inc. (TSE:KMP) $10.19 +0.09 (+0.89%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.03 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $16.88 -0.15 (-0.88%).
Nobility Homes Inc. (OTCMKTS:NOBH) $9.55 -0.65 (-6.37%).
Patrick Industries, Inc. (NASDAQ:PATK) $38.59 +0.54 (+1.42%).
Skyline Corporation (NYSE:SKY) $2.95 +0.01 (+0.34%)
Sun Communities Inc. (NYSE:SUI) $63.19 +1.36 (+2.20%)
Third Avenue Value Instl (OTCMKTS:TAVFX) $57.75 +0.07 +0.12%).
UMH Properties, Inc. (NYSE:UMH) 9.85 +0.05 (+0.51%)
Universal Forest Products, Inc. (NYSE:UFPI) $52.12 +0.)9 (+0.17%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHPronews.