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Home > Analysis and Commentary, Announcements, Business, Canada, Economy, Manufactured Housing Industry, News Item, People, Politics, research, Stocks, Trends > Stocks Mixed After POTUS Trump Announcement, Plus Manufactured Housing Industry Market Updates

Stocks Mixed After POTUS Trump Announcement, Plus Manufactured Housing Industry Market Updates

May 8th, 2018

CNNmoney5.8.2018ManufacturedHomeStocksMarketsReportsMHProNewsPerhaps investors in the markets had already “priced in” the anticipated announcement by President Donald J. Trump of his withdrawal from the Iran deal negotiated by President Barack Obama Administration point man, then Secretary of State, John Kerry. Market impact is our focus for tonight.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

 

  • Why Comcast and Disney both want to buy Fox
  • Government asks judge to force AT&T to sell Turner or DirecTV
  • BlackRock strategist on how you should invest
  • America’s biggest oilfield is running out of pipeline
  • Argentina in talks with IMF for credit line
  • Job openings in the United States just hit a record
  • Elon Musk spends $10 million of his own money on Tesla shares
  • World’s biggest carmaker may face new emissions scandal
  • Christiane Amanpour named as Charlie Rose’s official replacement
  • Should Millennials get $13,500 to close the generation gap?
  • Scared of running out of money in retirement? A ‘personal pension’ could be for you
  • 5-minute moves to make you feel more financial secure
  • When credit ratings become casualties of health care
  • Facebook bans foreign ads in Ireland’s abortion vote
  • Trump officials say no to lifetime limits on Medicaid
  • More Americans say they’ll buy an electric car
  • Japan’s biggest ever deal: Takeda buys Shire for $62 billion
  • US and China announce Round 2 of trade talks
  • The South Korean company preparing to do business in North Korea again
  • Apple stock hits all-time high
  • Attendance is up at SeaWorld. Is the worst over?
  • Bank of America is still working with gunmaker Remington
  • Warren Buffett: Bitcoin is ‘rat poison’
  • Walmart tightens its opioid prescription policies
  • Just who gets those big drug rebates?
  • Electric Winnebagos are coming soon

Selected headlines and bullets from Fox Business:

  • Boeing deal in question after Iran decision
  • Oil falls as Trump avoids immediate sanctions
  • Kerry dismisses Trump’s warning to stay away
  • Deal exit allows Iran to wreak havoc: ex-Shell exec
  • Dow little changed as Trump exits Iran deal
  • Midterm elections and stocks: How investors can gain no matter who wins
  • Regardless of the outcome, Wells Fargo expects equities will be higher at year-end.
  • New York AG’s resignation was ‘bubbling below the surface’: Judge Nap
  • Disney shares rise on earnings, revenue beat
  • Here’s what Gary Cohn won’t do next
  • Comcast preparing all-cash $60B bid for 21st Century Fox assets: report
  • Would California solar mandate burn home buyers?
  • Health care plays big role in race for AI dominance
  • IBM bets big on ‘industry game changer’
  • NASCAR for sale? Ex-McDonald’s CEO Ed Rensi wants in
  • MoviePass parent shares plunge on cash deficit, AMC criticism

 

Today’s markets and stocks, at the closing bell…

S&P 500 2,671.92 -0.71(-0.03%)

Dow 30 24,360.21 +2.89(+0.01%)

Nasdaq 7,266.90 +1.69(+0.02%)

Russell 2000 1,586.39 +7.44(+0.47%)

Crude Oil 69.97 -0.76(-1.07%)

Gold 1,314.90 +0.80(+0.06%)

Silver 16.51 +0.01(+0.09%)

EUR/USD 1.1865 -0.0056(-0.47%)

10-Yr Bond 2.97 +0.02(+0.64%)

 9MarketIndicatorsYahooFinance5.8.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue5.8.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

Stocks were little changed Tuesday after President Donald Trump announced that the U.S. would pull out of the Iran deal championed by his predecessor, Barack Obama,” said Fox Business.

According to Trump, the deal allowed Iran to continue developing nuclear weapons, and he called the country the “leading state sponsor of terror,” per their report.

President Trump added that “we will be reinstating the highest level of sanctions.”

Stocks were lower immediately before Trump’s announcement, with the Dow down by about 60 points. They turned mixed in the aftermath of Trump’s comments, with the Dow swinging between gains and losses,” per their report.

If the president is as successful with this move as it appears he has been with North Korea, it could end up a net boost to the economy, although there is certain to be some related turbulence ahead.  Stay tuned.

 

CharlesPayneFoxBusinessMarketsMixedPotusTrumpAnnouncemnt

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

5.8.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

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SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.


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