Noteworthy headlines on CNNMoney – Sears gets new lifeline and stock soars 50 percent. Ford just invested $1 billion in self-driving cars. Here’s why Amazon might buy a big retailer. Kellyanne Conway unrepentant for Ivanka Trump plug.
Some bullets from Fox Business – Trump’s Economic Promises Drive Wall Street to New Record. Oil Up On Signs of Widespread OPEC Deal Compliance. Who Will Replace Daniel Tarullo at the Federal Reserve? Cheap Gasoline in the ‘8th Inning’ as Spring Approaches.
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Key Commodities
Crude Oil 53.85 0.85 (1.60%) Gold 1,234.70 –2.10 (-0.17%) Silver 18.02 0.22 (1.22%)
The markets at the Closing Bell Today…
S&P 500 2,316.10 8.23 (0.36%)
Dow 30 20,269.37 96.97 (0.48%)
Nasdaq 5,734.13 18.95 (0.33%)
Russell 2000 1,388.84 10.32 (0.75%)
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Tricon Capital Group Inc. (TCN) and Universal Forest Products Inc. (UFPI).
The top two sliders for the day were LCI Industries (LCII) and Skyline Corp. (SKY).
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.
