In the news from CNNMoney: Stocks for gunmakers Smith & Wesson and Sturm Ruger are up 80% and (nearly) 70% respectively. Mortgage process just got a little easier for consumers. Peace in Colombia could be lucrative for investors. World poverty rate to fall below ten percent for first time. Pacific trade deal hammered out.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +3.10 percent to close at 933.7. All manufactured housing related stocks we cover closed up, or even, but Carlyle Group spiked more than other covered stocks, +9.19 percent to close at $18.42. Cavco and Louisiana Pacific both gained over five percent.
On the Big Board:
The Dow Jones Industrial Average gained sharply +1.85 percent, +304.06 points, to end the day at 16,776.43.
The NASDAQ gained +1.56 percent, +73.48 points, to end at 4,781.26.
The S&P 500 gained +1.83 percent, +35.69 points, to close at 1,987.05.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $174.33 +3.82 (+2.24%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $198,561 +3,061.00 (+1.57%).
Carlyle Group (NASDAQ:CG) $18.42 +1.55 (+9.19%).
Cavco Industries, Inc. (NASDAQ:CVCO) $72.95 +3.58 (+5.16%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.70 0.00 (0.00 %).
Drew Industries, Inc. (NYSE:DW) $54.98 +1.43 (+2.71%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $60.41 +0.85 (+1.43%).
Killam Properties Inc. (TSE:KMP) $10.03 +0.10 (+1.01%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $15.51 +0.75 (+5.08%).
Nobility Homes Inc. (OTCMKTS:NOBH) $13.00 0.00 (0.00%).
Patrick Industries, Inc. (NASDAQ:PATK) $40.99 +1.25 (+3.15%).
Skyline Corporation (NYSE:SKY) $2.81 +0.06 (+2.18%).
Sun Communities Inc. (NYSE:SUI) $68.47 +0.37 (+0.54%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $50.65 +0.72 (+1.44%).
UMH Properties, Inc. (NYSE:UMH) $9.65 +0.23 (+2.44%).
Universal Forest Products, Inc. (NYSE:UFPI) $59.24 +0.61 (+1.04%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.