Skyline Bounces Back, Manufactured Housing CV, Broader Markets Dip
Noteworthy headlines on – CNNMoney – Bill O’Reilly out at Fox News. Wells Fargo CEO has a message for distrustful employees. Pricey US stocks are being dumped for cheap Europe. Facebook wants to kill the password.
Some bullets from Fox Business – IBM Sends S&P 500, Dow Lower; Nasdaq Advances. Oil Slides 2-Week Low on U.S. Gasoline Build. EBay Forecasts 2nd-Qtr Profit Below Estimates. Chipmaker Qualcomm’s Revenue, Adjusted Profit Beat Estimates.
9 Key Market Indicators, per Yahoo! Finance.
- S&P 500 2,338.17 –4.02 (-0.17%)
- Dow JIA 20,404.49 -118.79 (-0.58%)
- Nasdaq 5,863.03 13.56 (0.23%)
- Crude Oil 50.50 -1.91 (-3.64%)
- Gold 1,281.20 -12.90 (1.00%)
- Silver 18.13 -0.14 (-0.78%)
- EUR/USD 1.0712 -0.0017 (-0.16%)
- 10-Yr Bond 2.202 0.023 (1.06%)
- Russell 2000 1,367.13 +5.24 (0.38%)
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Manufactured Housing Composite Value (MHCV) Ticker
The MH Industry – Today’s Risers and Sliders
Top risers included Skyline and LCI. Universal Forest Products Inc. and Cavco lead the sliders.
Skyline’s stock price has dropped 26 percent since September of 2016.
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).
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.)
Submitted by RC Williams to the Daily Business News for MHProNews.