In the news from CNNMoney: U. S. tries to prevent Office Depot/Staples merger. Gun stocks surge after Obama speech. Oil ends at $37.65/bbl, lowest in almost seven years. Twelve million jobs added since the recession. Trump says Washington Post is Amazon tax shelter. Finland wants to give every adult $10,000. Chinese have invented a car that is guided by driver’s brain.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -1.53 percent to close at 1184.6. MH-related stocks closed mixed or even. Third Avenue Value gained +1.14 percent, to close at $54.90. Skyline Corp. fell more than other MH-related stocks, -3.35 percent, to end the day at $3.46.
On the Big Board:
The Dow Jones Industrial Average dropped -0.66 percent, losing -117.12 points, to end at 17,730.51.
The NASDAQ also fell, -0.79 percent, -40.46 points, to end the day at 5,101.81.
The S&P 500 lost -0.70 percent, -14.62 points to close at 2,077.07.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $172.60 -2.92 (-1.66%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $203,500 -1,000. (-%).
Carlyle Group (NASDAQ:CG) $17.17 -0.16 (-0.92%).
Cavco Industries, Inc. (NASDAQ:CVCO) $89.80 -1.27 (-1.39%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.75 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $59.54 -0.98 (-1.62%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $62.28 -0.66 (-1.05%).
Killam Properties Inc. (TSE:KMP) $10.58 +0.02 (+0.19%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $17.19 +0.15 (+0.88%).
Nobility Homes Inc. (OTCMKTS:NOBH) $12.20 0.00 (0.00%)
Patrick Industries, Inc. (NASDAQ:PATK) $41.03 -0.93 (-2.22%).
Skyline Corporation (NYSE:SKY) $3.46 -0.12 (-3.35%).
Sun Communities Inc. (NYSE:SUI) $66.96 -0.42 (-0.62%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $54.90 +0.62 (+1.14%).
UMH Properties, Inc. (NYSE:UMH) $9.60 -0.07 (-0.72%).
Universal Forest Properties, Inc. (NYSE:UFPI) 77.00 -0.91 (-1.17%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.