In the news from CNNMoney: 71 percent of Americans think the economy is “rigged.” U. S. economic outlook dims in wake of Brexit. Volkswagen agrees to $14,7 billion settlement. Kellogg’s is opening a cereal cafe in Manhattan. World’s largest uncut diamond up for sale. NASA tests the rocket booster that will go to Mars. Airbnb is suing its hometown of San Francisco. Wells Fargo is offering mortgages with 3% down payment.
On the Big Board:
The Dow Jones Industrial Average rebounded +1.57 percent, +269.48 points, to end the day at 17,409.72.
The NASDAQ regained the most, +2.12 percent, +97.43 points to close at 4,691.87.
The S&P 500 regained +1.78 percent, +35.55 points, to close at 2,036.09.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -0.19 percent to end at 1385.6. Most stocks closed in positive territory, or even, several rebounding three-digits, but Skyline Corp. advanced +9.95 percent, gaining more than any other covered stock, moving up +0.82 points, to close at $9.06.After spiking 42.86 percent yesterday, Deer Valley plummeted -30.00 percent, -0.30 points, to end at $0.70.
Affiliated Managers Group, Inc. (NYSE: AMG) $136.54 +3.81 (+2.87%)
Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers 210,400. +2,400.00 (+1.15%).
Carlyle Group (NASDAQ:CG) $15.91 +0.43 (+2.78%).
Cavco Industries, Inc. (NASDAQ:CVCO) $88.71 +1.15 (+1.31%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.70 -0.30 (-30.00%).
Drew Industries, Inc. (NYSE:DW) $80.75 +2.41 (+3.08%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $78.14 +2.59 (+3.43%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Louisiana-Pacific Corporation (NYSE:LPX) $16.21 +0.29 (+1.82%).
Nobility Homes Inc. (OTCMKTS:NOBH) $13.97 +0.47 (+3.48%)
Northstar Realty Finance Corp (NYSE:NRF) $11.10 +0.18 (+1.65%)
Patrick Industries, Inc. (NASDAQ:PATK) $57.63 +1.24 (+2.20%).
Skyline Corporation (NYSE:SKY) $9.06 +0.82 (+9.95%).
Sun Communities Inc. (NYSE:SUI) $75.44 +1.87 (+2.54%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $45.79 -1.77 (-3.72%).
UMH Properties, Inc. (NYSE:UMH) $11.06 +0.15 (+1.37%).
Universal Forest Properties, Inc. (NYSE:UFPI) $85.46 +0.69 (+0.81%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J Silver to Daily Business News-MHProNews.