Nobility Homes rising, The Carlyle Group slips and Manufactured Housing CV dips

MarketWatch-creditDow8-10=2016-PostedDailyBusinessNews-MHProNewsStocks ended slightly lower, MarketWatch informs MHProNews, dragged by slumping oil prices, while Treasury yields post the largest 2-day decline in a month. The 2016 Presidential Elections are being blamed for a slow down in sales. The dollar weakens, as investors bet the Fed won’t hike rates in 2016. Meanwhile the U.S. Budget deficit is up 10% for fiscal year-to-date.

Daily Business News Market Tracker 8-10.2016

3MajorIndexMarketTrackerMarketWatch-posted-DailyBusinessNews-MHProNews-ManufacturedHousingMarketReport

The Dow Jones Industrial Average lost 0.20% percent totaling -37.39 points to close at 18,495.66.

The S&P 500 paralleled the Dow with a loss of 6.25 points to close at 2,175.49.

NASDAQ retreated 0.40% for a -20.90 points loss ending at 5,204.58.

** Yahoo’s Manufactured Housing Related Index Components **

Manufactured Housing
Composite Value
^YHOH811 1,373.38 -6.56

(-0.48%)

 

The Yahoo! Finance’s Manufactured Housing Composite Value (MHCV) continued yesterdays downward slide, closing at 1,373.38 with a -6.56 point loss. The MH-related stocks biggest loser was The Carlyle Group with -2.32% drop closing at $16.40 and the biggest gainer was Nobility Homes with a 3.33% rally closing at $15.50.

COMPANY EXCHANGE SYMBOL CLOSE  CHANGE  (%)

 

Affiliated Managers
Group, Inc.
NYSE AMG 143.47 -0.56
(-0.39%)
Berkshire Hathaway Inc.  – – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers NYSE BRKA 220,000.00 -605.05
(-0.27%)
Carlyle
Group
NASDAQ CG 16.40 -0.39
(-2.32%)
Cavco Industries, Inc.  NASDAQ CVCO 97.17 -0.33
(-0.34%)
Deer Valley Corporation OTCMKTS DVLY 0.55 0.00 (0.00%)
Drew Industries, Inc.  NYSE DW 96.15 -0.04
(-0.04%)
Equity LifeStyle Properties, Inc.  NYSE ELS 81.64 +0.80 (+0.99%)
Killam Properties Inc.  TSE KMP 12.82 -0.06
(-0.47%)
Louisiana-Pacific Corporation NYSE LPX 19.94 +0.01
(+0.05%)
Nobility Homes Inc.  OTCMKTS NOBH 15.50 +0.50 (+3.33%)
Northstar Realty Finance Corp  NYSE NRF 13.66 +0.14
(+1.04%)
Patrick Industries, Inc.  NASDAQ PATK 61.62 -0.37

(-0.60%)

Skyline Corporation NYSE SKY 10.46 +0.19
(+1.85%)
Sun Communities
Inc. 
NYSE SUI 78.79 +0.79
(+1.01%)
Third Avenue Value Instl –

As of 09 Aug 2016

OTCMKTS TAVFX 51.47 -0.01
(-0.02%)
UMH Properties, Inc.  NYSE UMH 12.44 -0.01
(-0.08%)
Universal Forest Properties, Inc.  NYSE UFPI 107.23 +0.25
(+0.23%)

(Graphic credits: MarketWatch)

FrankGriffinDailyBusinessNewDBNwriterMHProNewsManufacturedHousingIndustryNews75x75
Frank Griffin, Daily Business News, MHProNews.

MH Industry Market Report by Frank Griffin, to Daily Business News  for MHProNews.

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