Dow Rises 121 Points; Rise in Interest Rates once again on Hold

stock_report_July_29In the news from CNNMoney: Interest rates likely to rise in six weeks. Cigarettes are harmful, but shares of Marlboro maker Altria are up over 30% the last 12 months. Toshiba’s interim CEO takes 90% pay cut. Hot air returns to Tom Brady’s denial: “I did nothing wrong.”

Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +0.27 percent to end the day at 956.75. More manufactured housing stocks we cover closed up rather than down, or even, with Carlyle Group gaining the most, +1.27 percent. Nobility Homes moved down more than other tracked stocks, -1.50 percent.

On the Big Board:

The Dow Jones Industrial Average advanced +0.69 percent, +121.12 points, to end the day at 17,751.39.

The NASDAQ moved up +0.44 percent, +22.52 points to close at 5,111.73.

The S&P 500 gained + 0.73 percent, +15.32 points, to finish at 2,108.57.

As of 4 PM ET, CNNMoney Finance tells MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) $210.41 +2.39 (+1.15%)

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $214,320 -771.00 (-0.36%)

Carlyle Group (NASDAQ:CG) $26.55 +0.33 (+1.27%).

Cavco Industries, Inc. (NASDAQ:CVCO) $71.50 -0.51 (-0.71%).

Deer Valley Corporation (OTCMKTS:DVLY) $0.45 0.00 (0.00%).

Drew Industries, Inc. (NYSE:DW) $57.32 +0.10 (+0.17%)

Equity LifeStyle Properties, Inc. (NYSE:ELS) $57.12 +0.05 (+0.09%)

Killam Properties Inc. (TSE:KMP) $10.13 +0.14 (+1.40%).

Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).

Louisiana-Pacific Corporation (NYSE:LPX) $14.44 +0.04 (+0.28%).

Nobility Homes Inc. (OTCMKTS:NOBH) $9.85 -0.15 (-1.50%).

Patrick Industries, Inc. (NASDAQ:PATK) $36.72 -0.48 (-1.28%).

Skyline Corporation (NYSE:SKY) $3.16 +0.005 (+0.16%)

Sun Communities Inc. (NYSE:SUI) $67.29 +0.53 (+0.79%)

Third Avenue Value Instl (OTCMKTS:TAVFX) $55.40 +0.52 (+0.95%).

UMH Properties, Inc. (NYSE:UMH) $9.59 +0.09 (+0.95%)

Universal Forest Products, Inc. (NYSE:UFPI) $61.90 +0.04 (+0.06) ##

(Graphic credit: CNNMoney)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

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