In the news from CNNMoney: Dow drops to lowest point since February. Saudi Arabia is having to borrow money. Donald Trump sells Manhattan penthouse for $21 million. Amalgamated Bank is raising its minimum wage to $15. Airbnb valued at over $25 billion, raising $1 billion in new funding.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) lost -0.56 percent to end the day at 952.6. More manufactured housing stocks we cover closed down than up, or even, with Skyline Corp regaining part of the -3.67 percent it lost yesterday, gaining the most of stocks, +2.92 percent. Patrick Industries dropped more than other tracked stocks,-1.90 percent.
On the Big Board:
The Dow Jones Industrial Average fell-0.69 percent, -120.72 points, to end the day at 17,419.75
The NASDAQ dropped -1.62 percent, -83.51 points to close at 5,056.44.
The S&P 500 lost -0.78 percent, -16.28 points, to finish at 2,083.56.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $210.06 -2.02 (-0.95%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $215,650 +449.00 (+0.21%).
Carlyle Group (NASDAQ:CG) $25.15 -0.33 (-1.30%).
Cavco Industries, Inc. (NASDAQ:CVCO) $71.40 -0.26 (-0.36%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.35 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $57.42 +0.39 (+0.68%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $57.78 -0.08 (-0.14%).
Killam Properties Inc. (TSE:KMP) $10.17 0.00 (0.00%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $15.81 +0.21 (+1.35%).
Nobility Homes Inc. (OTCMKTS:NOBH) $10.10 0.00 (0.00%).
Patrick Industries, Inc. (NASDAQ:PATK) $36.69 -0.71 (-1.90%).
Skyline Corporation (NYSE:SKY) $3.22 +0.0716 (+2.27%).
Sun Communities Inc. (NYSE:SUI) $67.73 -0.01 (-0.01%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $55.71 +0.03 (+0.05%).
UMH Properties, Inc. (NYSE:UMH) $9.54 +0.05 (+0.53%).
Universal Forest Products, Inc. (NYSE:UFPI) $62.20 -0.39 (-0.62%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.