Dow Plummets 610 Points; Most MH-related Stocks Drop, led by AMG

stock_report_June_24In the news from CNNMoney: In the wake of the vote by great Britain to leave the EU, Millennials are clamoring, “You’ve stolen our future.” Other EU countries are discussing having their own referendum. EU is a large trading partner with China and the U. S. Barnes and Noble to serve beer and wine. Will Britain’s European workers lose their jobs? Americans splurging on expensive items: Items costing over $900. rose 9.5 percent in the first quarter. Disney putting up alligator warning signs.

On the Big Board:

The Dow Jones Industrial Average -3.39 percent, -610.32 points, to end the day at 17,400.75.

The NASDAQ plummeted the most, -4.12 percent, -202.06 points to close at 4,707.98.

The S&P 500 moved up -3.59 percent, -75.91 points, to close at 2,037.41.

Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -2.26 percent to end at 1399.5. All except two MH-related stocks closed down, or even, many falling three-digits, but Equity LifeStyle Properties gained more than the other covered stock, gaining +1.91 percent, +1.41 points, to close at $75.10. Affiliated Managers Group dropped the most, falling -11.57 percent, -18.46 points, to end at $141.10.

Affiliated Managers Group, Inc. (NYSE: AMG) $141.10 -18.46 (-11.57%)

Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers 209,852. -8,998.00 (-4.11%).

Carlyle Group (NASDAQ:CG) $15.74 -0.57 (-3.49%).

Cavco Industries, Inc. (NASDAQ:CVCO) $89.04 -3.28 (-3.55%).

Deer Valley Corporation (OTCMKTS:DVLY) $ 0.70 0.00 (0.00%).

Drew Industries, Inc. (NYSE:DW) $81.06 -4.03 (-4.74%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) $75.10 +1.41 (+1.91%).

Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)

Louisiana-Pacific Corporation (NYSE:LPX) $16.79 -0.71 (-4.06%).

Nobility Homes Inc. (OTCMKTS:NOBH) $13.50 0.00 (0.00%)

Northstar Realty Finance Corp (NYSE:NRF) $11.66 -0.41 (-3.40%)

Patrick Industries, Inc. (NASDAQ:PATK) $56.56 -1.56 (-2.68%).

Skyline Corporation (NYSE:SKY) $8.40 -0.42 (-4.76%).

Sun Communities Inc. (NYSE:SUI) $73.04 +0.77 (+1.07%).

Third Avenue Value Instl (OTCMKTS:TAVFX) $47.56 -2.90 (-5.75%).

UMH Properties, Inc. (NYSE:UMH) $10.97 -0.19 (-1.70%).

Universal Forest Properties, Inc. (NYSE:UFPI) $86.37 -5.12 (-5.60%). ##

Graphic credit: CNNMoney)

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

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