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Deer Valley Skyrockets +116.67 percent; MHCV up, Dow Surges

stock_report_March_30The Dow Jones Industrial Average surged 263 points in today’s trading for three reasons, according to what CNNMoney tells MHProNews. The first is the high investors are riding based on Federal Reserve’s Chairwoman Janet Yellen saying the economy is not strong enough for interest rates to be raised. Secondly, the proposed merger of several large firms always raises the lustre of the Big Board for investors. Third, the Chinese government is investing in infrastructure to promote trade.

The Dow moved up 1.5 percent to close at 17,976.31. Meanwhile, the Nasdaq advanced +1.15 percent, +56.22 points to close at 4,947.44, while the S&P 500 similarly gained, +1.22 percent, +25.22 points to finish at 2,086.24.

The Yahoo! Finance Manufactured Housing Composite Value likewise climbed, adding +3.61%, to end the day at 671.1 while stocks we cover related to the manufactured housing industry all closed nicely up or even, except Skyline Corp. which fell -2.23 prcent.

As of 4 PM ET, CNNMoney Finance tells MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) $216.61 +2.69 (+1.26 %)

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st, Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $219,700.00 +2,700.00 (+1.24%).

Carlyle Group (NASDAQ:CG) $27.08 +0.10 (+0.37%).

Cavco Industries, Inc. (NASDAQ:CVCO) $76.85 +1.82 (+2.43%).

Deer Valley Corporation (OTCMKTS:DVLY) $0.65 0.35% (116.67%).

Drew Industries, Inc. (NYSE:DW) $61.95 +0.36 (+0.58%)

Equity LifeStyle Properties, Inc. (NYSE:ELS) $55.37 +0.26 (+0.47%).

Killam Properties Inc. (TSE:KMP) $10.98 +0.03 (+0.27%).

Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.05 0.00 (0.00%).

Louisiana-Pacific Corporation (NYSE:LPX) $16.62 0.19 (+1.16%).

Nobility Homes Inc. (OTCMKTS:NOBH) $11.01 +0.01 (+0.09%).

Patrick Industries, Inc. (NASDAQ:PATK) $62.60 0.00 (0.00%).

Skyline Corporation (NYSE:SKY) $3.50 -0.0799 (-2.23%).

Sun Communities Inc. (NYSE:SUI) $67.14 +0.84 (+1.27%).

Third Avenue Value Instl (OTCMKTS:TAVFX) (Oct. 30) $56.87 +0.07 (+0.12%).

UMH Properties, Inc. (NYSE:UMH) 10.26 +0.26 (+2.60%)

Universal Forest Products, Inc. (NYSE:UFPI) $55.24 +1.05 (+1.94%). ##

(Graphic credit: CNNMoney)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNEws.

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