In the news from CNNMoney: China is on a massive gold buying spree. Airline flights getting cheaper. Fed Chair Yellen expresses caution about economy, not sure of another rate hike. Yelp is struggling. Twitter is losing customers as stock falls. Whole Foods may be over its downward spiral. Happy Birthday song now in the public domain.
On the Big Board:
The Dow Jones Industrial Average fell -0.62 percent, -99.64 points, to close at 15,914.74.
The NASDAQ edged up, unlike the two other major indices, +0.35 percent, +14.83 points to end at 4,283.59.
The S&P 500 nudged down -0.02 percent, -0.35 points, to finish at 1,851.86.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) moved up +0.68 percent to finish at 879.5. MH-related stocks closed mixed, although Patrick Industries out-paced other tracked stocks, gaining +2.70 percent, +0.33 to close at 30.09. Berkshire Hathaway dropped more than other stocks, -1.10 percent, -2,115.00 points to close at $190,520.
Affiliated Managers Group, Inc. (NYSE: AMG) $120.99 +1.05 (+0.88%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $190,520 -2,115.00 (-1.10%).
Carlyle Group (NASDAQ:CG) $11.86 +0.17 (+1.45%).
Cavco Industries, Inc. (NASDAQ:CVCO) $73.40 +0.36 (+0.49%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.63 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $55.14 +0.67 (+1.23%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $65.94 +1.50 (+2.33%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%). (Dec.31)
Louisiana-Pacific Corporation (NYSE:LPX) $14.20 +0.33 (+2.37%).
Nobility Homes Inc. (OTCMKTS:NOBH) $12.15 0.00 (0.00%)
Patrick Industries, Inc. (NASDAQ:PATK) $30.09 +0.79 (+2.70%).
Skyline Corporation (NYSE:SKY) $3.93 +0.07 (+1.81%).
Sun Communities Inc. (NYSE:SUI) $64.44 +0.63 (+0.99%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $41.24 +0.04 (+0.10%).
UMH Properties, Inc. (NYSE:UMH) $9.23 -0.07 (-0.75%).
Universal Forest Properties, Inc. (NYSE:UFPI) $61.14 -0.55 (-0.89%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.