In the news from CNNMoney: Oil falls below $40. Fed signals interest rate hike. Airport workers across the country go on strike. Member of Congress’s net worth averages $1.1 million, 20x that of an American family. Germany a safe haven for investors following Paris attacks. 2$ gas coming to most of U. S. Walmart beats forecasts.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) moved up +2.71 percent to close at 1152.1. All but one manufactured housing related stocks we cover closed up or even. Louisiana Pacific advanced more than other stocks, moving up +3.68 percent to close at $18.03, although Affiliated Managers Group moved up +3.46 percent, to close at $176.34. Patrick Industries was the only tracked stocks that fell, -2.25 percent, to end the day at $40.03.
On the Big Board:
The Dow Jones Industrial Average gained sharply +1.42 percent, +247.66 points, to finish at 17,737.16.
The NASDAQ advanced more than the other two major indices, +1.79 percent, +89.18 points, to end the day above 5,000. at 5075.20.
The S&P 500 gained +1.62 percent, +33.14 points, to close at 2,083.58.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $176.34 +5.89 (+3.46%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $204,280 +4,235.00 (+2.12%).
Carlyle Group (NASDAQ:CG) $17.26 +0.085 (+0.50%).
Cavco Industries, Inc. (NASDAQ:CVCO) $91.82 +1.41 (+1.57%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.75 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $58.96 +0.88 (+1.52%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $60.29 +0.18 (+0.30%).
Killam Properties Inc. (TSE:KMP) $10.56 +0.02 (+0.19%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $18.03 +0.64 (+3.68%).
Nobility Homes Inc. (OTCMKTS:NOBH) $11.65 0.00 (0.00%).
Patrick Industries, Inc. (NASDAQ:PATK) $40.02 -0.92 (-2.25%).
Skyline Corporation (NYSE:SKY) $3.75+ 0.01 (+0.27%).
Sun Communities Inc. (NYSE:SUI) $64.43 +0.11 (+0.17%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $55.10 +0.77 (+1.42%).
UMH Properties, Inc. (NYSE:UMH) $9.38 +0.32 (+0.21%).
Universal Forest Products, Inc. (NYSE:UFPI) $75.54 +1.17 (+1.58%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.