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Home > Business, Manufactured Housing Industry, News Item, Stocks > Cavco Spikes, Skyline Plummets, Broader Markets Rise on Trump Trip Momentum

Cavco Spikes, Skyline Plummets, Broader Markets Rise on Trump Trip Momentum

May 22nd, 2017
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Credit: CNN Money.

Noteworthy headlines on – CNNMoney – Ford CEO Mark Fields is out. Defense stocks at record highs on Trump-Saudi deal. Saudi Arabia pledges $20B for U.S. infrastructure. Saudi-Softbank tech fund nears $100 billion target.

Some bullets from Fox BusinessWhat to expect from Trump’s budget. Trump says concerns about Iran driving Israel, Arab states closer. Wall Street ends up; defense, tech stocks a boost. Oil rises to month-high with output cut extension expected.

 

Nine key market indicators, per Yahoo! Finance.

 

  • S&P 500 2,394.02 12.29 (0.59%)
  • Dow JIA 20,894.83 89.99 (0.43%)
  • Nasdaq 6,133.62 49.92 (0.82%)

 

  • Crude Oil 50.81 0.48 (0.95%)
  • Gold 1,260.00 6.40 (0.51%)
  • Silver 17.15 0.35 (2.08%)

 

  • EUR/USD 1.1237 0.0033 (0.29%)
  • 10-Yr Bond 2.254 0.009 (0.40%)
  • Russell 2000 1,377.14 9.81 (0.46%)

 

We Provide, You Decide.” ©

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Credit: Yahoo Finance.

Manufactured Housing Composite Value (MHCV) Ticker

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Credit: Yahoo Finance.

 

The MH Industry – Today’s Risers and SlidersMHProNewsManufacturedHousingIndustryConnectedStockMarketReportSpotlight

Top risers included Cavco and Patrick Industries. Skyline and UMH Properties led the sliders today.

Skyline saw its stock price dip 7.29 percent today, as the company’s wild swing continues.

For more on Skyline’s struggles over the last year, click here.

 

NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed the company name and trading symbol at the end of 2016 to Lippert (LCII).

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Graphic credit, Bloomberg Ticker for Daily Business News Manufactured Housing Industry Connected Stock Market Report, MHProNews.

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing ind

Manufactured housing industry, daily business news market report on MHProNews.com, 5.22.2017.

ustry 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, and when provided by third parties, are shared under fair use guidelines.)

 

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RC Williams, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

 

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