CNN Money suggests to MHProNews that investors like the resolution that comes from the close of an election. “After midterms, you often get deals that investors view favorably. Ultimately, you end up with higher stock prices,” said Dan Greenhaus, chief global strategist at BTIG.
But other sources suggest that the Republican wave that swept their party into control of the U.S. Senate is bringing positive discussions of ways to boost the economy through tax and other reforms to which investors responded positively.
Dow 17,484.53 +100.69 +0.58%.
Nasdaq 4,620.72 -2.92 -0.06%.
S&P 500 2,023.57 +11.47 +0.57%.
The Yahoo! Finance Manufactured Housing Composite Value: 568.0. Today’s Change: -0.80%.
As of approximately 4 PM ET, CNNMoney and Google Finance tell MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) 191.23 -0.72 (-0.38%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st, Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – 214,155.00 +1,155.00 (0.54%).
Carlyle Group (NASDAQ:CG) 28.58 -0.01 / -0.03%.
Cavco Industries, Inc. (NASDAQ:CVCO) 74.29 -0.83 (-1.10%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.65 0.00% (0.00% Oct 23rd).
Drew Industries, Inc. (NYSE:DW) 46.75 -0.07 (-0.15%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) 50.04 +0.39 (0.79%).
Killam Properties Inc. (TSE:KMP) 10.88 -0.05 (-0.46%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) 0.120 0.000 (0.00% Nov 3rd).
Louisiana-Pacific Corporation (NYSE:LPX) 13.39 -0.84 (-5.90%).
Nobility Homes Inc. (OTCMKTS:NOBH) 10.25 0.00 (0.00% Nov 5th).
Patrick Industries, Inc. (NASDAQ:PATK) 43.79 +0.21 (0.48%).
Skyline Corporation (NYSEMKT:SKY) 3.61 +0.01 (0.28% Nov 5th).
Sun Communities Inc. (NYSE:SUI) 58.42 +0.22 (0.38%).
Third Avenue Value Instl (OTCMKTS:TAVFX) 59.48-0.21(-0.35% Nov 34th).
UMH Properties, Inc. (NYSE:UMH) 9.97 +0.08 (0.81%).
Universal Forest Products, Inc (NYSE:UFPI) 50.01 -0.29 (-0.58%). ##
(Graphic credit: CNNMoney)