Patrick Soars, Manufactured Housing CV Rises, Broader Markets Down

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Credit: CNN Money.

Noteworthy headlines on – CNNMoney – The Wells Fargo scandal is far from over. Trump rally alive and kicking after first quarter. Samsung phone launch: It’s been a challenging year. Obamacare: We liked our old health plans better.

Some bullets from Fox Business Tillerson to NATO members: Pay up. Commerce Secretary Wilbur Ross: U.S. eyeing billions from clever trade cheats. Judge approves $25 million settlement of Trump University lawsuit. Dow, S&P 500 book biggest 1Q gains in four years as tech leaps.

 

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Key Commodities

Crude Oil 50.85 0.50 (0.99%) Gold 1,247.40 2.40 (0.19%) Silver 18.27 0.07 (0.38%)

 

The markets at the Closing Bell Today…

S&P 500 2,362.72 –5.34 (-0.23%)

Dow 30 20,663.22 –65.27 (-0.31%)

Nasdaq 5,911.74 -2.61 (-0.04%)

Russell 2000 1,385.92 3.57 (0.26%)

 

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Image credit, Yahoo, posted for the Daily Business News, MHProNews.

 

The MH Industry – Today’s Risers and Sliders 

The top two gainers for the day were Skyline Corp. (SKY) and Patrick Industries Inc. (PATK).

The top two sliders for the day were Berkshire Hathaway (BRK/A) and Cavco Industries Inc. (CVCO).

 

Manufactured Housing Composite Value (MHCV) Ticker

Dailymarketwrap3312017yahoomanufacturedhousingcompositevaluemanufacturedhousingindustrydailybusinessnews-mhpronews
Credit: Yahoo Finance.

 

NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew has changed their name and trading symbol at the end of 2016 to Lippert (LCII).

 

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Graphic credit, Bloomberg Ticker for Daily Business News Manufactured Housing Industry Connected Stock Market Report, MHProNews.

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. LCI Industries, 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.

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