Deer Valley Surges, Manufactured Housing CV, Broader Markets Spike
Noteworthy headlines on – CNNMoney – Trump to U.S. steelworkers: I’ve got your back. Ivanka Trump promises to donate book profits to charity. Fox gets big ratings in O’Reilly’s slot after firing. Venezuela spirals into deep economic crisis.
Some bullets from Fox Business – U.S. reviewing Venezuela’s seizure of GM assets.
Investors see opportunity in Europe as doubts grow over U.S. growth, fiscal policy. Wall Street rallies on earnings. Oil prices mixed in choppy trade, rising U.S. production weighs.
9 Key Market Indicators, per Yahoo! Finance.
- S&P 500 2,355.84 17.67 (0.76%)
- Dow JIA 20,578.71 174.22 (0.85%)
- Nasdaq 5,916.78 53.74 (0.92%)
- Crude Oil 50.52 -0.18 (-0.36%)
- Gold 1,283.20 -0.60 (-0.05%)
- Silver 18.01 -0.01 (-0.04%)
- EUR/USD +1.0714 -0.0002 (-0.01%)
- 10-Yr Bond 2.241 0.039 (1.77%)
- Russell 2000 1,384.15 17.02 (1.24%)
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Manufactured Housing Composite Value (MHCV) Ticker
The MH Industry – Today’s Risers and Sliders
Top risers included Deer Valley and LCI. Skyline and Tricon Capital Group lead the sliders.
Skyline was down almost two percent today, while Deer Valley was up over 17 percent.
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).
NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew 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, and when provided by third parties, are shared under fair use guidelines.)
Submitted by RC Williams to the Daily Business News for MHProNews.