In the news from CNNMoney: Fed Chair Janet Yellen says global risks could damage U. S. Delta pilots seeking 40 percent pay hike. U. S. has lost five million manufacturing jobs since 2000. Fracking leaves 7.9 million in jeopardy in parts of Texas and Oklahoma, exposing them to risk similar to those in California. Warren Buffett ups stake in Wells Fargo to ten percent, raising fed eyebrows. Minimum wage rising 20 percent in Russia.
On the Big Board:
The Dow Jones Industrial Average edged up +0.56 percent, +97.72 points to end the day at 17,633.11.
The NASDAQ advanced more than the two major indices+1.67 percent, +79.83 points to close at 4,846.62.
The S&P 500 nudged up +0.88 percent, +17.96 points, to end the day at 2,055.01.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +2.58 percent to finish at 1254.2. All active MH-related stocks closed up or even in today’s trading, with every stock that rose (except one) gained in three figures. Louisiana Pacific gained +6.60 percent. Skyline Corp. led the stocks we track for the third straight day, gaining 6.87 percent, +0.57 points, to end the day at $8.87. UMH Properties slipped the most of active tracked stocks, -1.11 percent, -0.11 points, to close at $9.76.
Affiliated Managers Group, Inc. (NYSE: AMG) $160.33 +3.80 (+2.43%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $212,800.00 +675.00 (+0.32%).
Carlyle Group (NASDAQ:CG) $16.68 +0.38 (+2.33%).
Cavco Industries, Inc. (NASDAQ:CVCO) $92.52 +2.11 (+2.33%).
Deer Valley Corporation (OTCMKTS:DVLY) $ 0.61 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $64.14 +1.79 (+2.87%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $71.92 +1.28 (+1.81%).
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) $16.80 +1.04 (+6.60%).
Nobility Homes Inc. (OTCMKTS:NOBH) $14.00 0.00 (0.00%)
Northstar Realty Finance Corp. (NYSE:NRF) $12.90 +0.39 (+3.12 %)
Patrick Industries, Inc. (NASDAQ:PATK) $47.41 +0.95 (+2.04%).
Skyline Corporation (NYSE:SKY) $8.87 +0.57 (+6.87%).
Sun Communities Inc. (NYSE:SUI) $69.84 +1.89 (+2.78%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $47.78 +0.24 (+0.50%)
UMH Properties, Inc. (NYSE:UMH) $10.04 +0.28 (+2.87%).
Universal Forest Properties, Inc. (NYSE:UFPI) $84.95 +3.12 (+3.81%). ##
(Graphic credit: CNNMoney) ##
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.