In the News: Three of the fastest growing cities are in Texas (Houston, Austin and San Antonio), overdraft fees top $1 billion at the big three banks, college-educated workers took the biggest pay cut last year, and China has over one million millionaires.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) advanced +1.19 percent, to close at 651.1. All except two manufactured housing stocks we cover closed up or even. Drew Industries advanced the most, +2.57 percent, while Universal Forest Products, Inc gained +2.51 percent. Skyline Corp. slipped more than other tracked stocks, -1.18 percent.
On the Big Board:
The Dow Jones Industrial Average advanced +0.67 percent, +121.45 points, to end the day at 18,162.99, regaining part of the 180 points it lost yesterday.
The NASDAQ moved up +1.47 percent, +73.84 points, to close at 5,106.59.
The S&P 500 also gained, moving up +0.92 percent, +19.28 points, to end at 2,123.48.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $224.85 +2.22 (+1.00%)
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $217,400 .00 +1,740.00 (+0.81%)
Carlyle Group (NASDAQ:CG) $30.49 +0.18 (+0.59%).
Cavco Industries, Inc. (NASDAQ:CVCO) $72.20 +1.30 (+1.83%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.65 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $61.93 +1.55 (+2.57%)
Equity LifeStyle Properties, Inc. (NYSE:ELS) $54.74 +0.83 (+1.54%)
Killam Properties Inc. (TSE:KMP) $10.42 +0.09 (+0.87%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.05 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $18.39 +0.18 (+0.99%).
Nobility Homes Inc. (OTCMKTS:NOBH) $10.55 0.00 (0.00%).
Patrick Industries, Inc. (NASDAQ:PATK) $59.13 +0.70 (+1.20%).
Skyline Corporation (NYSE:SKY) $3.35 -0.04 (-1.18%)
Sun Communities Inc. (NYSE:SUI) $62.86 +0.85 (+1.37%)
Third Avenue Value Instl (OTCMKTS:TAVFX) $58.94 -0.59 (-0.99%).
UMH Properties, Inc. (NYSE:UMH) 9.85 +0.01(+0.10%)
Universal Forest Products, Inc. (NYSE:UFPI) $56.03 +1.37 (+2.51%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.