Noteworthy headlines on – CNNMoney – Dow jumps 151 points, breaks 8-day losing streak. Wells Fargo fails discriminatory and illegal practices test. O’Reilly apologizes for racially charged joke. Never ending success? Olive Garden sales boom.
Some bullets from Fox Business – As sanctuary cities grow, public schools left holding the bag? Coal miners rejoice as Trump unwinds Obama-era rules. Ford excited to bring back the Ranger and Bronco. Trump cheers Ford plan to pump $1.2B into Michigan factories.
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Key Commodities
Crude Oil 47.85 –0.12 (-0.25%) Gold 1,254.10 5.60 (0.45%) Silver 18.12 0.38 (2.12%)
The markets at the Closing Bell Today…
S&P 500 2,358.57 16.98 (0.73%)
Dow 30 20,701.50 150.52 (0.73%)
Nasdaq 5,875.14 34.77 (-0.60%)
Russell 2000 1,367.26 9.94 (0.73%)
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Affiliated Managers Group (AMG) and Skyline Corp. (SKY).
The top two sliders for the day were the Deer Valley Corp. (DVLY) and the Carlyle Group (CG).
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.
