Most MH-related Stocks Slip, as do Dow, Nasdaq and S&P 500

stock_report_Dec_9In the news from CNNMoney: Nearly half of all renters in the U. S. struggle to pay their monthly rent. The middle class in America now comprises under half of the population, down from 61 percent in 1971. Handguns account for three-fourths of gun sales. Walmart’s Chinese imports have cost 400,000 U. S. jobs since 2001, says think tank. Copper, aluminum and steel prices fall to crisis levels. Dubai retailer bans Trump products.

Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -2.51 percent to close at 1145.4. Only two MH-related stocks we cover gained in today’s trading, as most tracked stocks lost or remained even. Universal Forest Products edged up +1.20 percent to close at $71.63, while UMH Properties edged up +0.42 percent to end the day at $9.67. Skyline fell more than other MH-related stocks, losing -5.44 percent, to end the day at $3.31.

On the Big Board:

The Dow Jones Industrial Average fell -0.43 percent, losing -75.70 points, to finish at 17,492.30.

The NASDAQ fell the most of the three major indices, -1.48 percent, -75.37 points, to end the day at 5,022.87.

The S&P 500 lost -0.77 percent, -15.97 points, to close at 2,047.62.

As of 4 PM ET, CNNMoney Finance tells MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) $166.60 -2.45 (-1.45%).

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $197,660 -2.445. (-1.22%).

Carlyle Group (NASDAQ:CG) $16.54 -0.06 (-0.36%).

Cavco Industries, Inc. (NASDAQ:CVCO) $84.27 -2.94 (-3.37%).

Deer Valley Corporation (OTCMKTS:DVLY) $0.75 0.00 (0.00%).

Drew Industries, Inc. (NYSE:DW) $58.82 -0.25 (-0.42%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) $61.85 -0.39 (-0.63%).

Killam Properties Inc. (TSE:KMP) $10.39 -0.15 (-1.42%).

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

Louisiana-Pacific Corporation (NYSE:LPX) $16.81 -0.28 (-1.64%).

Nobility Homes Inc. (OTCMKTS:NOBH) $12.10 -0.10 (-0.82%)

Patrick Industries, Inc. (NASDAQ:PATK) $40.19 -0.53 (-1.30%).

Skyline Corporation (NYSE:SKY) $3.13 -0.1801 (-5.44%).

Sun Communities Inc. (NYSE:SUI) $67.14 -0.11 (-0.16%).

Third Avenue Value Instl (OTCMKTS:TAVFX) $49.20 -4.78 (-8.86%).

UMH Properties, Inc. (NYSE:UMH) $9.67 +0.04 (+0.42%).

Universal Forest Properties, Inc. (NYSE:UFPI) 71.63 +0.85 (+1.20%). ##

(Graphic credit: CNNMoney)

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

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