LCI Spikes, Manufactured Housing CV Spikes, Broader Markets Down

Dailymarketwrap472017dowjonesindustrialaveragecreditcnnmoney-manufacturedhousingindustrymarketsreportdailybusinessnewsmhpronews
Credit: CNN Money.

Noteworthy headlines on – CNNMoney – Wells Fargo: Bracing for results of massive board probe. Oil prices leap after U.S. missile strike on Syria. Trump and Elizabeth Warren agree on one thing. High-roller Billy Walters convicted on insider trading charges.

Some bullets from Fox Business How the Syrian conflict will affect Trump’s economic agenda. Retail socks March job gains, jobless rate drops to ’07 Low. Gold touches five-month high on Syria strikes, before settling out. Wall Street dips on weak payrolls, Syria concern.

 

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Key Commodities

Crude Oil 52.24 0.56 (1.09%) Gold 1,257.00 3.70 (0.30%) Silver 18.01 –0.24 (-1.29%)

 

The markets at the Closing Bell Today…

 

S&P 500 2,355.54 –1.95 (-0.08%)

Dow 30 20,656.10 –6.85 (-0.03%)

Nasdaq 5,877.81 –1.14 (-0.02%)

Russell 2000 1,364.56 0.14 (0.01%)

 

Dailymarketwrap472017dowjonesindustrialaveragesp500nasdaqcredityahoofinance-manufacturedhousingindustrymarketsreportdailybusinessnewsmhpronews
Image credit, Yahoo, posted for the Daily Business News, MHProNews.

 

The MH Industry – Today’s Risers and Sliders

The top two gainers for the day were LCI Industries (LCII) and Patrick Industries Inc. (PATK).

 

The slider for the day was Berkshire Hathaway (BRK/A).

 

Manufactured Housing Composite Value (MHCV) Ticker

Dailymarketwrap472017yahoomanufacturedhousingcompositevaluemanufacturedhousingindustrydailybusinessnews-mhpronews
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).

 

Dailymarketwrap472017bloombergtickermanufacturedhousingindustryrelatedmarketreportdailybusinessnews-mhpronews
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.)

 

rcwilliams-writer75x75manufacturedhousingindustrymhpronews
RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

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