In USA Today News: Americans opened their wallets in May, as retail sales rose +1.2 percent across several categories: car dealers sales rose +two percent; sales of building material and garden supplies increased +2.1 percent; clothing stores saw sales rise +1.5 percent; department stores sales rose +0.8 percent; and sales at health and personal care stores fell -0.3 percent.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) slipped -0.23 percent to end the day at 725.2. Manufactured housing stocks we cover mostly closed up or even. After falling -4.75 percent yesterday, Skyline Corp. spiked +9.30 percent in today’s trading. Nobility Homes fell -2.22 percent, the most of all stocks we follow.
On the Big Board:
The Dow Jones Industrial Average regained ground lost yesterday, advancing +0.60 percent, +113.31 points, to end the day at 17,904.48
The NASDAQ moved up +0.51 percent, +25.58, to close at 5,055.55.
The S&P 500 gained +0.57 percent, +11.86 points, to end at 2,096.29.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $223.82 +2.59 (+1.17%)
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $209,760 +460.00 (+0.22%)
Carlyle Group (NASDAQ:CG) $28.41 +0.23 (+0.82%).
Cavco Industries, Inc. (NASDAQ:CVCO) $75.44 -1.11 (-1.45%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.65 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $58.86 +0.13 (+0.22%)
Equity LifeStyle Properties, Inc. (NYSE:ELS) $53.49 +0.41 (+0.77%)
Killam Properties Inc. (TSE:KMP) $9.97 -0.07 (-0.70%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.05 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $17.61 +0.05 (+0.28%).
Nobility Homes Inc. (OTCMKTS:NOBH) $9.68 -0.22 (-2.22%).
Patrick Industries, Inc. (NASDAQ:PATK) $37.07 +0.09 (+0.23%).
Skyline Corporation (NYSE:SKY) $3.29 +0.2799 (+9.30%)
Sun Communities Inc. (NYSE:SUI) $63.13 +1.12 (+1.81%)
Third Avenue Value Instl (OTCMKTS:TAVFX) $58.65 -0.28 (-0.48%).
UMH Properties, Inc. (NYSE:UMH) 9.53 +0.13 (+1.38%)
Universal Forest Products, Inc. (NYSE:UFPI) $53.68 +0.70 (+1.32%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily business News-MHProNews.