Optimism on Wall Street followed calmer oil and currency markets, which have been behind the sell off in global equities over the previous two sessions that left the Dow industrials with the worst start to a year since 2008.
Market reaction to the closely watched minutes of the December meeting of the Federal Reserve was neutral. Minutes indicated that low inflation would not prevent the central bank from raising rates, but not until at least April.
The markets closed today with the following results:
Dow 17,584.52 +212.88(1.23%)
S&P 500 2,025.90 +23.29(1.16%)
Nasdaq 4,650.47 +57.73(1.26%)
The Yahoo! Finance Manufactured Housing Composite Value (MHCV): 584.0 Today’s Change: +2.55%.
As of approximately 4 PM ET, CNNMoney and Google Finance tell MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) 203.30 +4.87 (2.45%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage, 21st Mortgage Corp., and other factory built housing industry suppliers. 223,480.00 +3.030 (1.37%).
Carlyle Group (NASDAQ:CG) 26.83 -0.04 (-0.15%)
Cavco Industries, Inc. (NASDAQ:CVCO) 78.18 +2.65 (3.51%)
Deer Valley Corporation (OTCMKTS:DVLY) 0.600 0.000 (0.00%) Dec 31
Drew Industries, Inc. (NYSE:DW) 47.99 -0.34 (-0.70%)
Equity LifeStyle Properties, Inc. (NYSE:ELS) 54.63 +1.18 (2.21%)
Killam Properties Inc. (TSE:KMP) 10.58 +0.31 (3.02%)
Liberty Homes, Inc. (OTCMKTS:LIBHA) 0.0100 0.0000 (0.00%) Jan. 5
Louisiana-Pacific Corporation (NYSE:LPX) 15.69 +0.09 (0.58%)
Nobility Homes Inc. (OTCMKTS:NOBH) 10.01 0.00 (0.00%) Jan. 5
Patrick Industries, Inc. (NASDAQ:PATK) 43.83 +0.33 (0.76%)
Skyline Corporation (NYSEMKT:SKY) 3.47 -0.05 (-1.42%)
Sun Communities Inc. (NYSE:SUI) 65.21+1.93 (3.05%)
Third Avenue Value Fund Institutional Class (OTCMKTS:TAVFX) 55.21+0.43(0.78%)
UMH Properties, Inc. (NYSE:UMH) 9.72 +0.15 (1.57%)
Universal Forest Products, Inc. (NASDAQ:UFPI) 51.03 +0.53 (1.05%)
(Graphic credit: CNNMoney)
