Dow Gains 168 Points; Auto Industry Marking Record Sales

stock_report_Dec_1In the news from CNNMoney: Coinciding with climate change talks in Paris, Wall Street is backing away from lending to coal industry. U. S. manufacturing shrinks for first time in three years. Federal Reserve ends “too big to fail” lending to collapsing banks. Auto industry on track to post record sales this year. U. S. manufacturing shrinks for first time in three years. America’s poor remain heavily in debt.

Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) added +0.16 percent to close at 1208.8. Manufactured housing-related stocks we cover closed mixed or even. Drew Industries advanced +2.23 percent, more than any other other tracked stock, to close at $61.78. Louisiana Pacific fell more than other MH-related stocks, -2.45 percent, to end the day at $17.95.

On the Big Board:

The Dow Jones Industrial Average advanced just under one percent, gaining +0.95 percent, +168.43 points, to end the first day of December at 17,888.35.

The NASDAQ moved up + 0.93 percent, +47.64 points, to end the day at 5156.31.

The S&P 500 gained +1.07 percent, +22.22 points to close at 2,102.63

As of 4 PM ET, CNNMoney Finance tells MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) $179.86 +2.64 (+1.48%).

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $204,945 +3,585. (+1.78%).

Carlyle Group (NASDAQ:CG) $17.85 -0.18 (-1.00%).

Cavco Industries, Inc. (NASDAQ:CVCO) $92.55 -0.19 (-0.20%).

Deer Valley Corporation (OTCMKTS:DVLY) $0.75 0.00 (0.00%).

Drew Industries, Inc. (NYSE:DW) $61.78 +1.35 (+2.23%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) $63.29 +0.91 (+1.47%).

Killam Properties Inc. (TSE:KMP) $10.61 -0.06 (-0.56%).

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

Louisiana-Pacific Corporation (NYSE:LPX) $17.95 -0.45 (-2.45%).

Nobility Homes Inc. (OTCMKTS:NOBH) $12.20 0.00 (0.00%)

Patrick Industries, Inc. (NASDAQ:PATK) $42.02 +0.54 (+1.30%).

Skyline Corporation (NYSE:SKY) $3.77 +0.07 (+1.89%).

Sun Communities Inc. (NYSE:SUI) $67.88 +1.03 (+1.55%).

Third Avenue Value Instl (OTCMKTS:TAVFX) $55.19 0.00 (0.00%).

UMH Properties, Inc. (NYSE:UMH) $9.87 +0.07 (+0.71%).

Universal Forest Products, Inc. (NYSE:UFPI) $77.16 -0.10 (-0.13%). ##

(Graphic credit: CNNMoney)

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

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