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Dow Falls -163 Points, Most Tracked Manufactured Housing Stocks also Drop

stock_report_July_24In the news from CNNMoney: New home sales fall. Dunkin’ Donuts CEO says $15 minimum wage is outrageous. Anthem Healthcare to acquire Cigna following Aetna’s acquisition of Humana, covering a total of 86 million members. Gates Foundation’s $200 million resulting in malaria vaccine.

Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) nudged up +0.41 percent to end the day at 1001.3. Most manufactured housing stocks we cover closed down, with Carlyle Group leading the negative charge, losing -3.33 percent, although Patrick Industries, whose majority stock owner continues to dump shares, lost -2.89 percent. Meanwhile, Sun Communities moved up more than other tracked stocks, +0.71 percent.

On the Big Board:

The Dow Jones Industrial Average fell -0.92 percent, -163.39 points, to end the day at 17,568.53.

The NASDAQ slipped -1.12 percent, -57.78 points to close at 5,088.63.

The S&P 500 lost -1.07 percent, -22.50 points, to finish at 2,079.65.

As of 4 PM ET, CNNMoney Finance tells MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) $213.69 -2.56 (-1.18%)

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $212,032 -1,488.00 (-0.70%)

Carlyle Group (NASDAQ:CG) $26.01 -0.99 (-3.33%).

Cavco Industries, Inc. (NASDAQ:CVCO) $69.87 -0.15 (-0.22%).

Deer Valley Corporation (OTCMKTS:DVLY) $0.45 0.00 (0.00%).

Drew Industries, Inc. (NYSE:DW) $56.88 -0.92 (-1.59%)

Equity LifeStyle Properties, Inc. (NYSE:ELS) $56.96 +0.06 (+0.12%)

Killam Properties Inc. (TSE:KMP) $10.01 -0.02 (-0.20%).

Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).

Louisiana-Pacific Corporation (NYSE:LPX) $14.64 -0.40 (-2.59%).

Nobility Homes Inc. (OTCMKTS:NOBH) $9.85 0.00 (0.00%).

Patrick Industries, Inc. (NASDAQ:PATK) $36.99 -1.10 (-2.89%).

Skyline Corporation (NYSE:SKY) $3.05 -0.05 (-1.61%)

Sun Communities Inc. (NYSE:SUI) $67.79 +0.48 (+0.71%)

Third Avenue Value Instl (OTCMKTS:TAVFX) $55.91 -0.37 (-0.66%).

UMH Properties, Inc. (NYSE:UMH) $9.54 -0.05 (-0.52%)

Universal Forest Products, Inc. (NYSE:UFPI) $61.99 +0.18 (+0.12 %). ##

(Graphic credit: CNNMoney)

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

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