In the news from CNNMoney: Hillary Clinton cannot kill coal because it is already dying. Iran would welcome American money to upgrade its aging oil and gas infrastructure. Macau, a special administrative region of China, saw its economy fall 20 percent last year. Canada’s unemployment hits three-year high, 7.3 percent, as result of oil crash. Oilman Boone Pickens says oil prices will double. Chinese investors offer $13 billion for Starwood hotel group, $2 billion more than Marriott’s offer.
On the Big Board:
The Dow Jones Industrial Average edged up +0.09 percent, +15.82 points to end the day at 17,229.13.
The NASDAQ nudged up +0.04 percent, +1.81 points to close at 4,750.28.
The S&P 500 slipped -0.13 percent, -2.55 points, to end at 2,019.64.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -1.37 percent to finish at 1161.7. MH-related stocks closed mixed or even in today’s trading. Patrick Industries gained the most, +4.51 percent, to close at 44.74. Cavco Industries lost the most of active tracked stocks, -2.19 percent, points to close at 88.31.
Affiliated Managers Group, Inc. (NYSE: AMG) $151.62 -2.04 (-1.33%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $2010,300 -1300.00 (-0.61%).
Carlyle Group (NASDAQ:CG) $16.66 +0.02 (+0.12%).
Cavco Industries, Inc. (NASDAQ:CVCO) $88.31 -1.98 (-2.19%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.69 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $62.52 -0.61 (-0.97%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $72.19 -0.34 (-0.47%).
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) $16.27 -0.21 (-1.27%).
Nobility Homes Inc. (OTCMKTS:NOBH) $13.00 0.00 (0.00%)
Northstar Realty Finance Corp. (NYSE:NRF) $123.03 -0.24 (-1.81%)
Patrick Industries, Inc. (NASDAQ:PATK) $44.74 +1.93 (+4.51%).
Skyline Corporation (NYSE:SKY) $5.12 +0.12 (+2.40%).
Sun Communities Inc. (NYSE:SUI) $69.21 0.21 (+0.30%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $47.26 +1.25 (+2.72%).
UMH Properties, Inc. (NYSE:UMH) $10.34 +0.02 (+0.19%).
Universal Forest Properties, Inc. (NYSE:UFPI) $78.65 -0.69 (-0.87%). ##
(Graphic credit: CNNMoney)
Article submitted by Mathew J. Silver to Daily Business News-MHProNews.