In the news from CNNMoney: Oil rises ten percent. Donald Trump says tax the rich more. U. S. Gross Domestic Product rose 3.7 percent in 2nd quarter, stronger than expected. China’s lowered demand for copper hurting U. S. jobs.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) lost -0.57 percent to close at 892.8. All manufactured housing related stocks we cover gained, or closed even, except UMH. Deer Valley advanced the most, +7.69 percent to close at $0.70. UMH slipped -0.63 percent, to end the day at $9.44.
On the Big Board:
The Dow Jones Industrial Average, rallied for the second day, gaining +2.27 percent, +369.26 points, to end the day at 16,654.77.
The NASDAQ advanced +2.45 percent, the most of the three indices, +115.17 points to close at 4,812.71.
The S&P 500 regained +2.43 percent, +47.15 points, to finish at 1,987.66.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $189.07 +4.36 (+2.36%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $204,940.00 +4,440.00 (+2.21%).
Carlyle Group (NASDAQ:CG) $22.33 +1.22 (+5.78%).
Cavco Industries, Inc. (NASDAQ:CVCO) $70.24 -0.95 (-1.33 %).
Deer Valley Corporation (OTCMKTS:DVLY) $0.70 +0.05 (+7.69%).
Drew Industries, Inc. (NYSE:DW) $55.02 +1.14 (+2.12%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $56.81 +0.39 (+0.69%).
Killam Properties Inc. (TSE:KMP) $9.97 +0.06 (+0.61%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $16.12 +0.30 (+1.90%).
Nobility Homes Inc. (OTCMKTS:NOBH) $10.30 +0.15 (+1.48%).
Patrick Industries, Inc. (NASDAQ:PATK) $37.84 +1.71 (+4.73%).
Skyline Corporation (NYSE:SKY) $3.38 0.00 (0.00%).
Sun Communities Inc. (NYSE:SUI) $66.10 0.00 (0.00%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $50.94 +1.01 (+2.02%).
UMH Properties, Inc. (NYSE:UMH) $9.44 -0.06 (-0.63%).
Universal Forest Products, Inc. (NYSE:UFPI) $60.00 +0.31 (+0.52%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.