Noteworthy headlines on CNNMoney – Trump’s big cabinet surprise. Minimum wage going up in 21 states, 22 cities. IMF head Christine Lagarde guilty of negligence. Half of U.S. workers aren’t using all their vacation days.
Some bullets from MarketWatch – Treasury yields see largest daily drop since August as Russian envoy killed. Virtu founder won’t sell stock after being nominated to be secretary of the Army. Platinum Partners’ executives charged with $1 billion fraud. Lennar’s profit and sales rise above expectations.
Oil down 0.28%. Gold up 0.33.
Three Major U.S. Market Tickers and closing numbers at the bell today…
S&P 500 2,262.53 4.46 (0.20%)
Dow JIA 19,883.06 39.65 (0.20%).
Nasdaq 5,457.44 20.28 (0.37%).
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were UMH Properties Inc. (UMH) and Skyline Corp. (SKY). The lone slider for the day was Affiliated Managers Group Inc. (AMG). Killam and Deer Valley held steady today, as the stocks are only being bought/sold periodically. (Notice: ALWAYS look at the date on the Bloomberg chart below, as some stocks aren’t traded daily, etc.).
Manufactured Housing Composite Value (MHCV) Ticker
Note: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
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.)
Submitted by RC Williams to the Daily Business News for MHProNews.