Noteworthy headlines on CNNMoney – Trumponomics gets big Wall Street thumbs up. Facebook removes Zuckerberg’s posts on fake news. Dozens of “Fight for $15” protesters arrested NYC. Why rural America is missing the American Dream.
Some bullets from MarketWatch – When will OPEC make its decision on oil? Stock market rebounds on healthy economic data; Nasdaq touches record high. AT&T’s new DirecTV Now streaming service will likely cannibalize cable subscriptions. FedEx takes a second look at accounting after SEC letter.
Oil down 3.87%. Gold down 0.29. Investors and analysts say tomorrow could be bumpy, as some OPEC members meet, and their decisions could move the broader markets up or down.
This CNN Money video is a few days old now, but it covers the basics factors behind the so-called Trump Rally.
Three Major U.S. Market Tickers and closing numbers at the bell today…
S&P 500 2,204.66 2.94 (0.13%)
Dow JIA 19,121.60 23.70 (0.12%).
Nasdaq 5,379.92 11.11 (0.21%).
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Patrick Industries Inc. (PATK) and Drew Industries Inc. (DW). The top two sliders for the day were The Carlyle Group (CG) and Affiliated Managers Group Inc. (AMG). Deer Valley and Killam 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.).
Drew Industries featured in a report here.
Manufactured Housing Composite Value (MHCV) 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.