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Home > Business, News Item, Stocks > Dow Stumbles, Skyline Flies High, AMG Drops

Dow Stumbles, Skyline Flies High, AMG Drops

January 6th, 2016

stock_report_Jan_6In the news from CNNMoney: Odds of winning Powerball are worse than last year. 181,000 drones registered with the FAA in two weeks. Oil falls below $34/bbl. Dow loses 252 points, closing below 17,000 for first time since mid-October. North Korea says it exploded a hydrogen bomb. Macy’s to cut 4,000 employees following poor holiday sales. Netflix launches in nearly every country except China.

Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -1.34 percent to finish at $1101.6. Tracked stocks closed mixed or even with Skyline Corp. gaining the most for the second consecutive day, +9.62 percent, +0.35 points to close at $3.99. Affiliated Manager’s Group lost the most, -4.39 percent, -6.80 points, to end at $147.93.

On the Big Board:

The Dow Jones Industrial Average plummeted -1.47 percent in today’s trading, falling more than the other two major indices, -252.15 points, to end the day at 16,906.51.

The NASDAQ dropped -1.14 percent, -55.66 points, to finish the day at 4,835.77.

The S&P 500 fell -1.31 percent, -26.45 points, to close at 1,990.26.

As of 4 PM ET, CNNMoney Finance tells MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) $147.93 -6.80 (-4.39%).

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $197,415. +415. (+0.21%).

Carlyle Group (NASDAQ:CG) $15.24 -0.30 (-1.93%).

Cavco Industries, Inc. (NASDAQ:CVCO) $80.76 -0.77 (-0.94%).

Deer Valley Corporation (OTCMKTS:DVLY) $0.68 0.00 (0.00%).

Drew Industries, Inc. (NYSE:DW) $55.97 -1.55 (-2.69%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) $66.47 +0.06 (+0.09%).

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

Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).

Louisiana-Pacific Corporation (NYSE:LPX) $17.48 -0.33 (-1.85%).

Nobility Homes Inc. (OTCMKTS:NOBH) $12.25 +0.15 (+1.24%)

Patrick Industries, Inc. (NASDAQ:PATK) $40.32 +0.35 (+0.87%).

Skyline Corporation (NYSE:SKY) $3.99 +0.35 (+9.62%).

Sun Communities Inc. (NYSE:SUI) $68.09 -0.47 (-0.69%).

Third Avenue Value Instl (OTCMKTS:TAVFX) $47.46 -0.14 (-0.29%).

UMH Properties, Inc. (NYSE:UMH) $10.05 +0.06 (+0.60%).

Universal Forest Properties, Inc. (NYSE:UFPI) $67.02 +0.14 (+0.20%). ##

(Graphic credit: CNNMoney)

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


Matthew Silver - Reporter at Large
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