Deer Valley Plummets -52.31 Percent; MHCV Edges Down -0.24 Percent

stock_report_April_13While many in the financial markets expect the Federal Reserve will not raise interest rates until September, the larger concern is the pace of how the rates will rise following the first adjustment. Monthly? Quarterly? 2016?

In any case, on the Big Board the first day of the new weeks’ trading, as CNNMoney tells MHProNews:

The Dow Jones Industrial Average slipped -0.45 percent, -80.61 points to end the day at 17,977.04.

The NASDAQ fell -0.15 percent, -7.73 points, to close at 4,988.25.

The S&P 500 lost -0.46 percent, -9.63 points, to end at 2,092.43

The Yahoo! Finance Manufactured Housing Composite Value slipped -0.24 percent to finish at 655.3. Stocks we cover related to the manufactured housing industry closed mixed or even, as Deer Valley falls hard, -52.31%. Carlyle Group edged up the most, +0.93 percent.

As of 4 PM ET, CNNMoney Finance tells MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) $219.10 +1.40 (+0.64 %)

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st, Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $215,950.00 +739.00 (+0.34%).

Carlyle Group (NASDAQ:CG) $28.10 +0.29 (+1.04%).

Cavco Industries, Inc. (NASDAQ:CVCO) $70.94 -1.15 (-1.60%).

Deer Valley Corporation (OTCMKTS:DVLY) $0.31 -0.34% (-52.31%).

Drew Industries, Inc. (NYSE:DW) $59.74 -0.20 (-0.33%)

Equity LifeStyle Properties, Inc. (NYSE:ELS) $52.85 -0.04 (-0.08%)

Killam Properties Inc. (TSE:KMP) $10.87 -0.16 (-1.45%).

Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.05 0.00 (0.00%).

Louisiana-Pacific Corporation (NYSE:LPX) $16.29 +0.15 (+0.93%).

Nobility Homes Inc. (OTCMKTS:NOBH) $11.50 0.00 (0.00%).

Patrick Industries, Inc. (NASDAQ:PATK) $61.27 +0.37 (+0.61%).

Skyline Corporation (NYSE:SKY) $3.61 -0.01 (-0.28%)

Sun Communities Inc. (NYSE:SUI) $63.42 +0.14 (+0.22%).

Third Avenue Value Instl (OTCMKTS:TAVFX) $58.22 +0.24 (+0.41%).

UMH Properties, Inc. (NYSE:UMH) 10.42 -0.02 (-0.19%)

Universal Forest Products, Inc. (NYSE:UFPI) $53.43 +0.40 (+0.83%). ##

(Graphic credit: CNNMoney)

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

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