In the news from CNNMoney: Saudi Arabia in cash crunch. Parisians work 35 hours a week, have 29 days paid vacations. Workers in Hong Kong put in over 50 hours a week. Prices fall again in Europe. Hurricane Joaquin causing storm preparation stocks to surge.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +0.28 percent to close at 884.5. Manufactured housing related stocks we cover closed mostly up, or even, but Affiliated Managers Group advanced more than other covered stocks, +2.63 percent to close at $170.99. UFPI dropped the most of tracked stocks, -0.46 percent, to close at $57.68.
On the Big Board:
The Dow Jones Industrial Average advanced +1.47 percent, +235.57 points, to end the day at 16,284.70.
The NASDAQ gained +2.28 percent, more than the other indices, +102.85 points, to end at 4,620.17.
The S&P 500 moved up +1.91 percent, +35.94 points, to close at 1,920.03.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $170.99 +4.38 (+2.63%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $195,420 +1,619.00 (+0.84%).
Carlyle Group (NASDAQ:CG) $16.81 +0.06 (+0.36%).
Cavco Industries, Inc. (NASDAQ:CVCO) $68.09 +0.12 (+0.18%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.70 0.00 (0.00 %).
Drew Industries, Inc. (NYSE:DW) $54.61 +1.24 (+2.32%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $55.57 +0.57 (+0.98%).
Killam Properties Inc. (TSE:KMP) $9.92 +0.04 (+0.40%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $14.24 +0.05 (+0.35%).
Nobility Homes Inc. (OTCMKTS:NOBH) $13.00 0.00 (0.00%).
Patrick Industries, Inc. (NASDAQ:PATK) $39.49 -0.13 (-0.33%).
Skyline Corporation (NYSE:SKY) $2.88 0.004 (-0.14%).
Sun Communities Inc. (NYSE:SUI) $67.76 +0.47 (+0.70%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $49.08 +0.01 (+0.02%).
UMH Properties, Inc. (NYSE:UMH) $9.30 +0.11 (+1.20%).
Universal Forest Products, Inc. (NYSE:UFPI) $57.68 -0.27 (-0.46%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews