Noteworthy headlines on – CNNMoney – Puzder withdraws as a labor secretary nominee. Trump: H&R Block will be unhappy with tax plan. Obamacare is in a “death spiral,” says Aetna CEO. What Warren Buffett bought and sold last quarter.
Some bullets from Fox Business – Trump steals Janet Yellen’s thunder. Wall Street rises further into uncharted territory. Oil prices hold ground after U.S. stockpiles soar to record.
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Key Commodities
Crude Oil 53.51 –0.20 (-0.37%) Gold 1,234.20 8.80 (0.72%) Silver 17.98 0.09 (0.48%)
The markets at the Closing Bell Today…
S&P 500 2,349.25 11.67 (0.50%)
Dow 30 20,611.86 107.45 (0.52%)
Nasdaq 5,819.44 36.87 (0.64%)
Russell 2000 1,404.21 7.56 (0.54%)
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Skyline Corp. (SKY) and Universal Forest Products Inc. (UFPI).
The top two sliders for the day were UMH Properties Inc. (UMH) and The Carlyle Group. (CG).
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.
