Noteworthy headlines on CNNMoney – CEO who voted for Trump likes what he sees. Carrier neighbor shipping 300 jobs to Mexico. Boeing: 150,000 U.S. aviation jobs depend on China. Wells Fargo account openings dive 41 percent.
Some bullets from MarketWatch – Stock gains evaporate after China seizes U.S. underwater drone. Japan surpasses China as the U.S.’s largest creditor. Mylan’s cheaper EpiPen finally available next week, months later than promised. Oracle CEO makes fake claim of being No. 1 in “enterprise” cloud sales.
Oil up 2.00%. Gold down 0.51.
Three Major U.S. Market Tickers and closing numbers at the bell today…
S&P 500 2,258.07 –3.96 (-0.18%)
Dow JIA 19,843.41 -8.83 (-0.04%).
Nasdaq 5,437.16 –19.69 (-0.36%).
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were NorthStar Realty Finance Corp. (NRF) and UMH Properties Inc. (UMH). The top sliders for the day were Universal Forest Products Inc. (UFPI) and Affiliated Managers Group Inc. (AMG). Killam held steady today, as the stock is only being bought/sold periodically. (Notice: ALWAYS look at the date on the Bloomberg chart below, as some stocks aren’t traded daily, etc.).
Manufactured Housing Composite Value (MHCV) Ticker
Note: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. Drew, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##
(Image credits are as shown above.)
Submitted by RC Williams to the Daily Business News for MHProNews.
