In the news from CNNMoney: Lowest airfares in seven years this summer. French worker sues employer because his work was too boring. Elevators will one day move sideways, at an angle, even go outside a building into the city. Trump repeats unfounded story that Cruz’ father knew Lee Harvey Oswald, and by association was involved in the JFK assassination. China drops bid to buy huge Australian farm, but spends record amount buying up foreign companies, spending more already this year than all of 2015.
On the Big Board:
The Dow Jones Industrial Average moved down -0.78 percent, -140.25 points to end the day at 17,750.91.
The NASDAQ fell more than the other two indices, -1.13 percent, -54.37 points to close at 4,763.22.
The S&P 500 lost -0.87 percent, -18.06 points, to close at 2,063.37.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) edged down -1.60 percent to finish at 1322.2. All except one active MH-related stocks closed down, or even, with Equity LifeStyle Properties the only tracked stock that gained, moved up +0.47%, +0.33 points, to end the day at $70.78. Carlyle Goup fell more than other tracked stocks, dropping -0.58 points, -3.40 percent, to end the day at $16.50.
Affiliated Managers Group, Inc. (NYSE: AMG) $166.24 -5.61 (-3.26%).
Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $217,354.00 -2,898.00 (-1.32%).
Carlyle Group (NASDAQ:CG) $16.50 -0.58 (-3.40%).
Cavco Industries, Inc. (NASDAQ:CVCO) $86.31 -2.53 (-2.85%).
Deer Valley Corporation (OTCMKTS:DVLY) $ 0.65 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $63.93 -0.82 (-1.27%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $70.78 +0.33 (+0.47%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Louisiana-Pacific Corporation (NYSE:LPX) $17.27 -0.15 (-0.86%).
Nobility Homes Inc. (OTCMKTS:NOBH) $15.00 0.00 (0.00%)
Northstar Realty Finance Corp. (NYSE:NRF) $12.44 -0.25 (-1.97%)
Patrick Industries, Inc. (NASDAQ:PATK) $45.55 -0.34 (-0.74%).
Skyline Corporation (NYSE:SKY) $8.83 -0.12 (-1.34%).
Sun Communities Inc. (NYSE:SUI) $69.58 -0.01 (-0.01%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $49.38 -0.83 (-1.65%)
UMH Properties, Inc. (NYSE:UMH) $9.72 -0.17 (-1.72%).
Universal Forest Properties, Inc. (NYSE:UFPI) $80.28 -2.50 (-3.02%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.