UMH, Nobility Spike, MHCV Dips Again, Broader Markets Rise on Fed News

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Credit: CNN Money.

Noteworthy headlines on – CNNMoney – Fox fires back at illegal electronic surveillance allegations. BMW plans for a future where nobody buys cars. Fed signals June rate hike likely. Vermont governor rejects recreational pot bill.

Some bullets from Fox BusinessCBO: House-approved health care bill to lower premiums, stabilize marketplace. Fed outlines plan to slim down $4.5T balance sheet. HP Inc. revenue beats on higher demand for PCs, printers. S&P 500 hits record high close following Fed minutes.

 

9 key market indicators, per Yahoo! Finance.

 

  • S&P 500 2,404.39 5.97 (0.25%)
  • Dow JIA 21,012.42 74.51 (0.36%)
  • Nasdaq 6,163.02 24.31 (0.40%)

 

  • Crude Oil 51.30 -0.17 (-0.33%)
  • Gold 1,258.60 3.10 (0.25%)
  • Silver 17.23 0.09 (0.50%)

 

  • EUR/USD 1.1216 0.0033 (0.30%)
  • 10-Yr Bond 2.266 -0.019 (-0.83%)
  • Russell 2000 1,382.51 1.53 (0.11%)

 

We Provide, You Decide.” ©

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Credit: Yahoo Finance.

Manufactured Housing Composite Value (MHCV) Ticker

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Credit: Yahoo Finance.

The MH Industry – Today’s Risers and Sliders

Top risers included UMH and Nobility. The Carlyle Group and Louisiana-Pacific led the sliders today.

Sun Communities Inc. finished up three quarters of one percent today, closing at a 52-week high of $87.74. According to Bloomberg, the stock has delivered a year to date return of 14.53 percent

 

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).

Dailymarketwrap5242017bloombergtickermanufacturedhousingindustryrelatedmarketreportdailybusinessnews-mhpronews
Graphic credit, Bloomberg Ticker for Daily Business News Manufactured Housing Industry Connected Stock Market Report, MHProNews.

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, and when provided by third parties, are shared under fair use guidelines.)

 

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RC Williams, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

 

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