In the news from CNNMoney: Chipotle sued by customer who claims she got E. coli poisoning. Standard Chartered bank cutting 15,000 jobs. China now runs four of the world’s biggest five banks. JPMorgan Chase and HSBC are now “too big to fail” banks. Tesla’s shares advance following earnings report. ISM Manufacturing Index dropped for the fourth consecutive month, hitting 50.1, just above the red flag zone. VW’s emissions worse than first stated.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +1.74 percent to close at 1181.1. More manufactured housing related stocks we cover lost than gained, and some remained even. Carlyle Group gained the most of stocks we follow, moving up +1.69 percent, to end the trading day at $20.42. Louisiana-Pacific fell the most of tracked stocks, losing -5.70 percent to end the day at $17.03.
On the Big Board:
The Dow Jones Industrial Average advanced +0.50 percent, +89.39 points, to end the trading day at 17,8918.15.
The NASDAQ moved up +0.35 percent, +17.98 points, to end the day at 5,145.13
The S&P 500 gained +0.27 percent, +5.74 points, to close at 2,109.79.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $186.75 +1.69 (+0.91 %).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $206,704 -1,041.00 (-0.50%).
Carlyle Group (NASDAQ:CG) $20.42 +0.34 (+1.69%).
Cavco Industries, Inc. (NASDAQ:CVCO) $97.19 -0.36 (-0.37%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.70 0.00 (0.00 %).
Drew Industries, Inc. (NYSE:DW) $60.12 -0.70 (-1.15%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $59.97 -0.99 (-1.62 %).
Killam Properties Inc. (TSE:KMP) $10.39 -0.02 (-0.19%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $17.03 -1.04 (-5.70%).
Nobility Homes Inc. (OTCMKTS:NOBH) $12.85 0.00 (0.00%).
Patrick Industries, Inc. (NASDAQ:PATK) $41.16 +0.20 (+0.49%).
Skyline Corporation (NYSE:SKY) $3.60 -0.1001 (-2.71%).
Sun Communities Inc. (NYSE:SUI) $65.00 -2.88 (-4.24%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $55.00 +0.65 (+1.20%).
UMH Properties, Inc. (NYSE:UMH) $9.95 -0.05 (-0.50%).
Universal Forest Products, Inc. (NYSE:UFPI) $73.89 -0.83 (-1.11%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.