Wall Street Journal (WSJ) Global Economics Editor Jon Hilsenrath is featured in today’s video on what’s behind rising bond yields, thoughts on economic confidence, and observations about the housing market.
If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below.
The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.
Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.
Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.
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Today’s markets and stocks, at the closing bell…
S&P 500 2,693.13 -15.51(-0.57%)
Dow 30 24,664.89 -83.18(-0.34%)
Russell 2000 1,573.81 -9.75(-0.62%)
Crude Oil 68.21 -0.26(-0.38%)
Gold 1,348.10 -5.40(-0.40%)
Silver 17.26 +0.01(+0.07%)
EUR/USD 1.235 -0.0028(-0.22%)
10-Yr Bond 2.91 +0.05(+1.64%)
Today’s Big Movers
For all the scores and highlights on tracked manufactured home connected stocks today, see the Bloomberg graphic, posted below.
Today’s MH Market Spotlight Report –
The WSJ’s Global Economics Editor Jon Hilsenrath discusses the tension between the rising bond rates, movement in oil, and concerns over what rates will do to the housing market.
Bloomberg Closing Ticker for MHProNews…
NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.
NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew changed its 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.
AMG, CG and TAVFX have investments in manufactured housing related businesses.
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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.