Noteworthy headlines on CNNMoney – Mnuchin: Expect tax reform by August. Trump meets with top US manufacturers. Uber investors blast company culture. What Boeing’s new 737 Max 9 has under the hood.
Some bullets from Fox Business – Time Warner to sell TV station amid AT&T merger. S&P 500 edges higher after Trump renews jobs pledge. Oil prices up but gains pared after 7th straight stock build. Altec Inc. CEO Styslinger: Trump is focused on creating jobs.
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Key Commodities
Crude Oil 54.36 –0.09 (-0.17%) Gold 1,249.70 –1.70 (-0.14%) Silver 18.25 0.06 (0.33%)
The markets at the Closing Bell Today…
S&P 500 2,363.81 0.99 (0.04%)
Dow 30 20,810.32 34.72 (0.17%)
Nasdaq 5,835.51 –25.12 (-0.43%)
Russell 2000 1,394.62 –9.23 (-0.66%)
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Tricon Capital Group Inc. (TCN) and Sun Communities Inc. (SUI).
The top two sliders for the day were Universal Forest Products Inc. (UFPI) 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.