Noteworthy headlines on CNNMoney – Top network execs, anchors meet with Trump. Feds “tightening straitjacket” around Wells Fargo. Chicago O’Hare airport workers to strike November 29th. The New York Times announces new general counsel.
Some bullets from MarketWatch – Dow, S&P 500, Nasdaq surge to record highs. Oil at 3-week high as Russia’s Putin feeds expectations for OPEC output deal. Constellation Brands boosts stock buy backs by $1 billion. Gold rebounds from 9-month lows as dollar gain cools.
Oil up 4.10%. Gold up 0.39.
Three Major U.S. Market Tickers and closing numbers at the bell today…
S&P 500 2,198.18 16.28 (0.75%)
Dow JIA 18,956.69 88.76 (0.47%).
Nasdaq 5,368.86 47.35 (0.89%).
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Affiliated Managers Group Inc. (AMG) and NorthStar Realty Finance Corp. (NRF). The top two sliders for today were Sun Communities Inc. (SUI) and The Carlyle Group LP (CG). Killam and Deer Valley held steady today, as the stocks are only being bought/sold periodically. (Notice: ALWAYS look at the date on the Bloomberg chart below, as some stocks aren’t traded daily, etc.).
Manufactured Housing Composite Value Ticker
Note: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. Drew, 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.
