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Home > Business, News Item, Stocks > No Covered MH-related Stock Gains as the Dow Hits the Skids

No Covered MH-related Stock Gains as the Dow Hits the Skids

January 4th, 2016

stock_report_Jan_4In the news from CNNMoney: Gold rises on global fear. Oregon is the number one destination state for people moving. New York state will pay up to two years of student loan bills for residents. Volkswagen may have to pay $18 billion in U. S. fines. Fears of China’s manufacturing sector shrinking sent stocks falling across the globe. America’s manufacturing sector dropped to 48.2 percent in Dec., its lowest since 2009 (anything below 50 percent is a contraction)–the index has fallen six consecutive months.

Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -2.14 percent to finish at $1105.9. All tracked stocks closed down or even with Patrick Industries falling the most -4.25 percent, -1.85 points to end the first full day of trading in the new year at $41.65.

On the Big Board:

The Dow Jones Industrial Average lost -1.58 percent in today’s trading, -276.09 points, to end the day at 17,148.94.

The NASDAQ fell more than the other two major indices, falling -2.08 percent, -104.32 points, to finish the day at 4,903.09.

The S&P 500 dropped -1.53 percent, -31.28 points, to close at 2,012.66.

As of 4 PM ET, CNNMoney Finance tells MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) $155.99 -3.77 (-2.36%).

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $196,295. 0.00 (0.00%).

Carlyle Group (NASDAQ:CG) $15.56 -0.06 (-0.38%).

Cavco Industries, Inc. (NASDAQ:CVCO) $81.52 -1.79 (-2.14%).

Deer Valley Corporation (OTCMKTS:DVLY) $0.68 -0.01 (-1.45%).

Drew Industries, Inc. (NYSE:DW) $58.59 -2.30 (-3.78%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) $65.24 -1.43 (-2.14%).

Killam Properties Inc. (TSE:KMP) $10.37 -0.14 (-1.33%).

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

Louisiana-Pacific Corporation (NYSE:LPX) $17.88 -0.13 (-0.72%).

Nobility Homes Inc. (OTCMKTS:NOBH) $12.10 0.00 (0.00%)

Patrick Industries, Inc. (NASDAQ:PATK) $41.65 -1.85 (-4.25%).

Skyline Corporation (NYSE:SKY) $3.52 -0.0358 (-1.01%).

Sun Communities Inc. (NYSE:SUI) $67.00 -1.53 (-2.23%).

Third Avenue Value Instl (OTCMKTS:TAVFX) $47.60 -0.45 (-0.94%).

UMH Properties, Inc. (NYSE:UMH) $9.78 -0.34 (-3.36%).

Universal Forest Properties, Inc. (NYSE:UFPI) $66.15 -2.22 (-3.25%). ##

(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
Soheyla Kovach - Support Services
L.A. 'Tony' Kovach - Publisher, Editor and Marketing Director. To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com
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