Affiliated Managers Group Leads Up Day for MHCV, Broader Markets Down Again

Credit: CNN Money.

Noteworthy headlines on CNNMoney – Wells Fargo’s legal mess just got worse. Brexit roadmap: what happens next. FOX News gives Tucker Carlson a primetime show.

Some bullets from MarketWatch – Stock market falls for 8th straight session. Generic drug stocks dive on report of possible criminal charges. Starbucks rallies on robust earnings, dividend increase. Cubs World Series win was most-watched baseball game in 25 years, broadcaster says.

Oil down 1.48%. Gold down 0.35.

Three Major U.S. Market Tickers and closing numbers at the bell today…

S&P 500 2,088.66 -9.88 (-0.44%)

Dow JIA 17,930.67 -28.97 (-0.16%).

Nasdaq 5,058.41 -47.16 (-0.92%).


Image credit, Yahoo, posted for the Daily Business News, MHProNews.


The MH Industry – Today’s Risers and Sliders

The top two gainers for the day were Affiliated Managers Group Inc. (AMG) and UMH Properties Inc. (UMH). The top two sliders for the day were Drew Industries Inc. (DW) and Louisiana-Pacific Corp. (LPX). Killam held steady, as the stock is only being bought/sold periodically. (Notice: ALWAYS look at the date on the Bloomberg chart below, as some stocks aren’t traded daily, etc.).

UMH featured in a report here.

Drew Industries featured in a report here.


Manufactured Housing Composite Value Ticker

Credit: Yahoo Finance.

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

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.  Drew, 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.)

RC Williams, for Daily Business News, MHProNews.

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

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