The main three U.S. stocks markets closed lower as investors worry over the Fed’s approaching rate decision. The Dow and S&P register weekly losses, as Nasdaq logs 8^th weekly gain in a row, per MarketWatch.

Meanwhile, oil prices stampeded toward bull-market territory, as geo-political instability may be fueling a rise in crude.

Daily Business News Market Tracker:

The Dow Jones Industrial Average dropped -45.13 points – closing at 18,552.57.

The S&P 500 down -3.15 to 2,183.87.

NASDAQ closed at 5,238.38.

 

** Yahoo’s Manufactured Housing Related Index Components **

 

Manufactured Housing Composite Value

^YHOH811

1,393.60

-9.31 (-0.66%)

 

The Yahoo Manufactured Housing Composite Value (MHCV) lost 11.05 points to finish at 1,384.64. The MH-related stocks biggest loser was UMH Properties closing at $11.77 and the biggest gainer was Skyline with a 3.06 percent climb to close at 10.11.

*Note: the chart below includes stocks not included in the MHCV

Berkshire Hathaway is the parent company to Clayton Homes, 21^st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.  Drew, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##

(Image credits, MarketWatch, Bloomberg.)

MH Industry Market Report by Frank Griffin, to Daily Business News for MHProNews.