Stocks ended slightly lower, MarketWatch informs MHProNews, dragged by slumping oil prices, while Treasury yields post the largest 2-day decline in a month. The 2016 Presidential Elections are being blamed for a slow down in sales. The dollar weakens, as investors bet the Fed won’t hike rates in 2016. Meanwhile the U.S. Budget deficit is up 10% for fiscal year-to-date.
Daily Business News Market Tracker 8-10.2016
The Dow Jones Industrial Average lost 0.20% percent totaling -37.39 points to close at 18,495.66.
The S&P 500 paralleled the Dow with a loss of 6.25 points to close at 2,175.49.
NASDAQ retreated 0.40% for a -20.90 points loss ending at 5,204.58.
** Yahoo’s Manufactured Housing Related Index Components **
Manufactured Housing Composite Value |
^YHOH811 | 1,373.38 | -6.56
(-0.48%)
|
The Yahoo! Finance’s Manufactured Housing Composite Value (MHCV) continued yesterdays downward slide, closing at 1,373.38 with a -6.56 point loss. The MH-related stocks biggest loser was The Carlyle Group with -2.32% drop closing at $16.40 and the biggest gainer was Nobility Homes with a 3.33% rally closing at $15.50.
COMPANY | EXCHANGE | SYMBOL | CLOSE | CHANGE (%)
|
Affiliated Managers Group, Inc. |
NYSE | AMG | 143.47 | -0.56 (-0.39%) |
Berkshire Hathaway Inc. – – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers | NYSE | BRKA | 220,000.00 | -605.05 (-0.27%) |
Carlyle Group |
NASDAQ | CG | 16.40 | -0.39 (-2.32%) |
Cavco Industries, Inc. | NASDAQ | CVCO | 97.17 | -0.33 (-0.34%) |
Deer Valley Corporation | OTCMKTS | DVLY | 0.55 | 0.00 (0.00%) |
Drew Industries, Inc. | NYSE | DW | 96.15 | -0.04 (-0.04%) |
Equity LifeStyle Properties, Inc. | NYSE | ELS | 81.64 | +0.80 (+0.99%) |
Killam Properties Inc. | TSE | KMP | 12.82 | -0.06 (-0.47%) |
Louisiana-Pacific Corporation | NYSE | LPX | 19.94 | +0.01 (+0.05%) |
Nobility Homes Inc. | OTCMKTS | NOBH | 15.50 | +0.50 (+3.33%) |
Northstar Realty Finance Corp | NYSE | NRF | 13.66 | +0.14 (+1.04%) |
Patrick Industries, Inc. | NASDAQ | PATK | 61.62 | -0.37
(-0.60%) |
Skyline Corporation | NYSE | SKY | 10.46 | +0.19 (+1.85%) |
Sun Communities Inc. |
NYSE | SUI | 78.79 | +0.79 (+1.01%) |
Third Avenue Value Instl –
As of 09 Aug 2016 |
OTCMKTS | TAVFX | 51.47 | -0.01 (-0.02%) |
UMH Properties, Inc. | NYSE | UMH | 12.44 | -0.01 (-0.08%) |
Universal Forest Properties, Inc. | NYSE | UFPI | 107.23 | +0.25 (+0.23%) |
(Graphic credits: MarketWatch)
MH Industry Market Report by Frank Griffin, to Daily Business News for MHProNews.