Noteworthy headlines on – CNNMoney – Trump calls for dramatic tax cuts. Chobani sues Alex Jones over “migrant rapists” claim. Hilton to hire another 20K veterans and their families. FCC chair unveils plan to roll back net neutrality.
Some bullets from Fox Business – Rep. Brady: Trump’s tax reform is “Bold.” Mnuchin: We’ll lower business tax rate to 15 percent. Trump’s tax plan to give wealthy a smaller-than-expected break. Stocks drift as small caps lead after Trump team outlines tax reform. Oil prices rise after big draw in U.S. crude inventories.
9 Key Market Indicators, per Yahoo! Finance.
- S&P 500 2,387.45 -1.16 (-0.05%)
- Dow JIA 20,975.09 -21.03 (-0.10%)
- Nasdaq 6,025.23 -0.27 (0.00%)
- Crude Oil 49.26 -0.30 (-0.61%)
- Gold 1,270.30 3.10 (0.24%)
- Silver 17.48 -0.11 (-0.63%)
- EUR/USD 1.0904 -0.0024 (-0.22%)
- 10-Yr Bond 2.311 -0.016 (-0.69%)
- Russell 2000 1,419.43 8.35 (0.59%)
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Manufactured Housing Composite Value (MHCV) Ticker
The MH Industry – Today’s Risers and Sliders
Top risers included Patrick Industries and UMH Properties. Skyline and Nobility Homes lead the sliders.
Skyline’s share price dipped again today, down 1.69 percent.
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).
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. ##
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Submitted by RC Williams to the Daily Business News for MHProNews.