In the news from CNNMoney: Fiat Chrysler to cut 1,300 jobs. Fed officials divided over April rate hike. Law firm at center of Panama Papers helped create over 1,000 firms, many of which are no longer active. United drops plans to take over Delta’s business at Newark airport. America’s economy may have hit the pause button. FAA might let drones fly over our heads. Whole Foods stock at half price. Jumbo drone carries passengers.
On the Big Board:
The Dow Jones Industrial Average gained +0.64 percent, +112.73 points to end the day at 17,716.03
The NASDAQ advanced +1.59 percent, +76.79 points to close at 4,920.72.
The S&P 500 moved up +1.05 percent, +21.49 points, to end the day at 2,066.66.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained 2.04 percent to finish at 1280. Active MH-related stocks closed mixed, or even, in today’s trading. Louisiana Pacific moved up +2.75 percent, leading the stocks we track, +0.48 points, to end the day at $17.91. Third Avenue Value Instl. fell -1.33 percent, the most of active tracked stocks, -0.64 points, to close at $47.35.
Affiliated Managers Group, Inc. (NYSE: AMG) $160.70 +1.46 (+0.92%).
Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $212,990.00 +650.00 (+0.31%).
Carlyle Group (NASDAQ:CG) $16.11 +0.09 (+0.56%).
Cavco Industries, Inc. (NASDAQ:CVCO) $91.14 +0.89 (+0.99%).
Deer Valley Corporation (OTCMKTS:DVLY) $ 0.56 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $62.73 +1.00 (+1.62%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $71.23 -0.39 (-0.54%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Louisiana-Pacific Corporation (NYSE:LPX) $17.91 +0.48 (+2.75%).
Nobility Homes Inc. (OTCMKTS:NOBH) $14.00 0.00 (0.00%)
Northstar Realty Finance Corp. (NYSE:NRF) $12.87 +0.14 (+1.10 %)
Patrick Industries, Inc. (NASDAQ:PATK) $46.64 +0.59 (+1.28%).
Skyline Corporation (NYSE:SKY) $8.97 -0.11 (-1.21%).
Sun Communities Inc. (NYSE:SUI) $70.87 -0.76 (-1.06%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $47.35 -0.64 (-1.33%)
UMH Properties, Inc. (NYSE:UMH) $9.78 +0.01 (+0.10%).
Universal Forest Properties, Inc. (NYSE:UFPI) $87.19 +2.08 (+2.44%). ##
Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.