Continuing today, the Daily Business News manufactured housing industry connected market report on MHProNews will add and tweak some features, in an ongoing effort to provide ever more useful and balanced information to readers.
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Noteworthy headlines on CNNMoney – Boom: Dow hits 20,000 for first time ever. Wells Fargo branch inspections come with 24hr heads up. Facebook revamps trending topics to thwart fake news. Uber CEO defends Trump relationship.
Some bullets from Fox Business – Dow races past 20K in reinvigorated Trump rally. Bank of America CEO says Trump brings renewed optimism. White House fires back at claims it told EPA to erase climate change.
Crude Oil 52.82 –0.36 (-0.68%) Gold 1,200.20 –10.60 (-0.88%) Silver 17.00 –0.18 (-1.08%)
The markets at the Closing Bell Today…
S&P 500 2,298.37 18.30 (0.80%)
Dow 30 20,068.51 155.80 (0.78%)
Nasdaq 5,656.34 55.38 (0.99%)
Russell 2000 1,382.44 13.23 (0.97%)
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Cavco Industries Inc. (CVCO) and LCI Industries Inc. (LCII).
The top two sliders for the day were Equity LifeStyle Properties Inc. (ELS) and Sun Communities Inc. (SUI).
Manufactured Housing Composite Value (MHCV) Ticker
NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew has changed their name and trading symbol at the end of 2016 to Lippert (LCII).
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.)
Submitted by RC Williams to the Daily Business News for MHProNews.