Noteworthy headlines on – CNNMoney – Trump wants at least 6 million people off welfare. GM accused of diesel emissions cheating. Best Buy stock at all-time high. How NATO is funded and who pays what.
Some bullets from Fox Business– Trump to NATO: Unpaid dues unfair to U.S. taxpayers. Obama jabs Trump ahead of NATO summit. Retailers rebound to boost S&P, Nasdaq to record highs. Oil plunges on disappointment with OPEC cuts.
9 key market indicators, per Yahoo! Finance
- S&P 500 2,415.07 10.68 (0.44%)
- Dow JIA 21,082.95 70.53 (0.34%)
- Nasdaq 6,205.26 42.23 (0.69%)
- Crude Oil 48.81 -0.09 (-0.18%)
- Gold 1,255.60 -0.80 (-0.06%)
- Silver 17.14 -0.05 (-0.31%)
- EUR/USD 1.1214 0.0004 (0.03%)
- 10-Yr Bond 2.255 -0.011 (-0.49%)
- Russell 2000 1,383.39 0.88 (0.06%)
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Manufactured Housing Composite Value (MHCV) Ticker
The MH Industry – Today’s Risers and Sliders
Top risers included Skyline and Nobility Homes. Sun Communities and LCI Industries led the sliders today.
JPMorgan Chase & Co. increased its stake in Equity Lifestyle Properties, Inc. by 91.2 percent during the first quarter, and now owns about 1.87 percent of Equity Lifestyle Properties worth $125,393,000 according to SEC filings.
NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew changed its 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.
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