Noteworthy headlines on – CNNMoney – Caterpillar stock tumbles as feds execute search warrant. Companies are lining up to build the border wall. Mexican firm: We’ll provide cement for Trump’s wall. Venezuela is down to its last $10 billion.
Some bullets from Fox Business – Trump advocates for defense buildup to project U.S. strength. Fmr. NSA Director: Trump’s military spending increase is needed. AG Sessions recuses himself from any campaign probes. Boeing gets 1,500 machinists to take voluntary layoffs.
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Key Commodities
Crude Oil 52.58 –1.25 (-2.32%) Gold 1,234.40 –15.60 (-1.25%) Silver 17.78 –0.71 (-3.83%)
The markets at the Closing Bell Today…
S&P 500 2,381.92 –14.04 (-0.59%)
Dow 30 21,002.97 –112.58 (-0.53%)
Nasdaq 5,861.22 –42.81 (-0.73%)
Russell 2000 1,395.67 –17.97 (-1.27%)
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Tricon Capital Group Inc. (TCN) and Equity LifeStyle Properties Inc. (ELS).
The top two sliders for the day were Patrick Industries Inc. (PATK) and Cavco Industries Inc. (CVCO).
Manufactured Housing Composite Value (MHCV) Ticker
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.
