Noteworthy headlines on – CNNMoney – Trump promises insurers a “fantastic plan.” Buffett: Market not in a bubble, still looks “cheap.” Trump meeting with regional media outlets. Tesla gets downgraded to “sell” by Goldman Sachs.
Some bullets from Fox Business – Dow, S&P 500 close at record as Trump talks healthcare, budget. Military stocks rally as Trump prepares to hike budget. Can Daytona 500 win jumpstart Ford sales? Bitcoin hits 3-year peak, nears record high on U.S. ETF approval talk.
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Key Commodities
Crude Oil 54.06 0.07 (0.13%) Gold 1,253.60 –4.70 (-0.37%) Silver 18.25 –0.09 (-0.49%)
The markets at the Closing Bell Today…
S&P 500 2,369.75 2.41 (0.10%)
Dow 30 20,837.44 15.68 (0.08%)
Nasdaq 5,861.90 16.59 (0.28%)
Russell 2000 1,407.97 13.44 (0.96%)
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Skyline Corp. (SKY) and Cavco Industries Inc. (CVCO).
The top two sliders for the day were Tricon Capital Inc. (TCN) and Sun Communities Inc. (SUI).
Manufactured Housing Composite Value (MHCV) Ticker
NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew has changed their 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. ##
(Image credits are as shown above.)
Submitted by RC Williams to the Daily Business News for MHProNews.
