ELS Rises, Manufactured Housing CV, Broader Markets Dip

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Credit: CNN Money.

Noteworthy headlines on – CNNMoney – Mercedes-Benz pulls ads from The O’Reilly Factor. Trump administration moves to combat visa fraud. MLB drops Pepsi for Coca-Cola. UPS unveils Saturday delivery — and 6,000 new jobs.

Some bullets from Fox Business – Will a simple majority confirm Judge Neil Gorsuch? America’s love affair with SUVs, Trucks continued in March. Wall St down on weak auto sales. Oil prices fall as Libyan production recovery weighs. Bed, Bath and Beyond the truth? Retailer says Ivanka Trump line still available.

 

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Key Commodities

Crude Oil 50.25 –0.35 (-0.69%) Gold 1,255.40 4.20 (0.34%) Silver 18.28 0.02 (0.13%)

 

The markets at the Closing Bell Today…

S&P 500 2,358.84 –3.88 (-0.16%)

Dow 30 20,650.21 –13.01 (-0.06%)

Nasdaq 5,894.68 -17.06 (-0.29%)

Russell 2000 1,369.67 –16.25 (-1.17%)

 

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Image credit, Yahoo, posted for the Daily Business News, MHProNews.

 

The MH Industry – Today’s Risers and Sliders 

The top two gainers for the day were Berkshire Hathaway (BRK/A) and Equity LifeStyle Properties Inc. (ELS).

The top two sliders for the day were Skyline Corp. (SKY) and Patrick Industries Inc. (PATK).

 

Manufactured Housing Composite Value (MHCV) Ticker

Dailymarketwrap432017yahoomanufacturedhousingcompositevaluemanufacturedhousingindustrydailybusinessnews-mhpronews
Credit: Yahoo Finance.

 

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).

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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 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.)

 

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RC Williams, for Daily Business News, MHProNews.

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

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