LCI, NorthStar Gain, Manufactured Housing CV, Broader Markets Dip

Credit: CNN Money.

Noteworthy headlines on CNNMoney – CEO who backs Trump: People must be realistic. Starbucks still has a problem with long lines. Wells Fargo complaint website has vanished. Apple patents a vaporizer.

Some bullets from Fox Business After sharp 4Q slowdown, are Trump’s policies the prescription America needs? Why Keystone XL is already a boon to American workers. Trump emphasizes close ties with U.K. in press conference with May. Peso rallies to session highs after Trump comments.


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Key Commodities

Crude Oil 53.16 –0.62 (-1.15%) Gold 1,193.20 0.70 (0.06%) Silver 17.15 0.30 (1.75%)


The markets at the Closing Bell Today…

S&P 500 2,294.69 –1.99 (-0.09%)

Dow 30 20,093.78 –7.13 (0.04%)

Nasdaq 5,660.78 5.61 (0.10%)

Russell 2000 1,370.75 –4.84 (-0.35%)


Image credit, Yahoo, posted for the Daily Business News, MHProNews.


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The MH Industry – Today’s Risers and Sliders 

The top two gainers for the day were LCI Industries Inc. (LCII) and NorthStar Realty Finance (NRF).

The top two sliders for the day were Skyline Corp. (SKY) and Louisiana-Pacific Corp. (LPX).


Manufactured Housing Composite Value (MHCV) Ticker

Credit: Yahoo Finance.


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).

Graphic credit, Bloomberg Ticker for Daily Business News Manufactured Housing Industry Connected Stock Market Report, MHProNews.

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.)

RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews

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