New Year’s eve – MHCV slides again, as does oil and broader market – but 2014 overall good for investors

2014-12-31_1725money-cnn=credit-posted-daily-business-news-mhpronews-The Manufactured Housing Composite Value and most tracked MH stocks lost ground today. Brent crude, the global benchmark for oil, hovered around a new low of $56 a barrel, heading for its largest annual decline since 2008. Oil inventories declined more than expected last week. 

CNN Money  points out that stocks rose 11.4% in 2014. If you put money in stocks in 2014, you were likely a savvy investor. The Dow finished the year up 7.5%, the S&P 500 rose 11.4%, and the tech-heavy NASDAQ soared 13.4%. This was the third straight year that the popular S&P 500 Index scored double-digit gains. We haven’t seen that kind of a winning streak since the late 1990s.

Happy New Year 2015!  Results at the closing bell are as follows.

Dow 17,823.07 -160 -0.89%.

Nasdaq 4,736.05 -41.39 -0.87%.

S&P 500 2,058.90 -21.45 -1.03%.

The Yahoo! Finance Manufactured Housing Composite Value (MHCV): 595.8 Today’s Change: -0.49%.

As of approximately 4 PM ET, CNNMoney and Google Finance tell MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) 212.24 -1.09 (-0.51%).

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage, 21st Mortgage Corp., and other factory built housing industry suppliers. 226,000.00 -2,255.00 (0.99%).

Carlyle Group(NASDAQ:CG) 27.50 +0.16 (0.59%).

Cavco Industries, Inc. (NASDAQ:CVCO) 79.27 -0.27 (-0.34%).

Deer Valley Corporation (OTCMKTS:DVLY) 0.600 -0.050 (-7.69% Dec 31).

Drew Industries, Inc. (NYSE:DW) 51.07 -0.39 (-0.76%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) 51.55 -0.32 (-0.62%).

Killam Properties Inc. (TSE:KMP) 10.26 -0.02 (-0.19%).

Liberty Homes, Inc. (OTCMKTS:LIBHA) 0.0100 0.0000 (0.00% Dec 31).

Louisiana-Pacific Corporation (NYSE:LPX) 16.56 -0.19 (-1.13%).

Nobility Homes Inc. (OTCMKTS:NOBH) 10.75 +0.75 (7.50% Dec 31).

Patrick Industries, Inc. (NASDAQ:PATK) 43.98 +0.37 (0.85%).

Skyline Corporation (NYSEMKT:SKY) 4.05 -0.16 (-3.74%).

Sun Communities Inc. (NYSE:SUI) 60.46 -1.22 (-1.98%).

Third Avenue Value Instl (OTCMKTS:TAVFX) 57.20 -0.25 (0.44% Dec 31).

UMH Properties, Inc. (NYSE:UMH) 9.55 0.00 (0.00%).

Universal Forest Products, Inc. (NASDAQ:UFPI) 53.20 +0.13 (0.24%). ##

(Graphic credit: CNNMoney)

sandra-lane-daily-business-news-mhpronews-com-75x75-Article submitted by Sandra Lane to – Daily Business News – MHProNews. 

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