In the news from CNNMoney: Venezuelans gasoline price rises 6,000 percent, but is still the cheapest in the world. Earnings declined 4% at the largest 500 publicly-traded companies in America in the last quarter of 2015. Unemployment claims fell seven percent to 262,000 last week. James Bond’s Aston Martin sells for $3.5 million.
On the Big Board:
The Dow Jones Industrial Average slipped -0.25 percent, -40.40 points to close at 16,413.43.
The NASDAQ nudged down more than the other major indices, -1.03 percent, -46.53 points to finish at 4,487.54.
The S&P 500 also slipped, -0.47percent, -8.99 points, to end the day at 1,917.83.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -1.08 percent to finish at 1062. MH-related stocks closed mixed or even. On the winning side, Patrick Industries spiked +13.26 percent, +4.80 points to close at 40.99. Universal Forest Products gained +7.22 percent, and Carlyle Group gained +5.21 percent. Cavco Industries lost the most of tracked stocks, -2.13 percent, -1.70 to close at 77.87.
Affiliated Managers Group, Inc. (NYSE: AMG) $129.19 -1.41 (-1.08%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $196,250 +347.00 (+0.17%).
Carlyle Group (NASDAQ:CG) $15.30 +0.76 (+5.21%).
Cavco Industries, Inc. (NASDAQ:CVCO) $77.87 -1.70 (-2.13%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.69 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $58.70 -0.55 (-0.93%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $68.18 +0.41(+0.60%).
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) $15.20 -0.14 (-0.91%).
Nobility Homes Inc. (OTCMKTS:NOBH) $13.00 0.00 (0.00%)
Patrick Industries, Inc. (NASDAQ:PATK) $40.99 +4.80 (+13.26%).
Skyline Corporation (NYSE:SKY) $4.00 0.00 (0.00%).
Sun Communities Inc. (NYSE:SUI) $66.07 +0.19 (+0.29%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $42.86 -0.26 (-0.60%).
UMH Properties, Inc. (NYSE:UMH) $9.35 +0.07 (+0.75%).
Universal Forest Properties, Inc. (NYSE:UFPI) $68.72 +4.63 (+7.22%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.