Patrick Industries Gains, Manufactured Housing CV Rises, Broader Markets End Week Lower

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Credit: CNN Money.

Noteworthy headlines on – CNNMoney – Venezuela denies seizing GM plant for state use. Wells Fargo CEO: We’re America’s best corporate citizen. Inside the plot to bomb a soccer team to make money. Bebe is closing all its stores, the latest casualty in retail.

Some bullets from Fox Business Stocks trim losses, Dow turns green as Trump says tax Reform on the Way. U.S. Treasury won’t issue drilling waivers to Russia sanctions. Trump order gives Mnuchin green light to take first step on tax reform. Business optimism boosting jobs: Fmr. CKE Restaurants CEO.

 

9 Key Market Indicators, per Yahoo! Finance.

  • S&P 500 2,348.69 -7.15 (-0.30%)
  • Dow JIA 20,547.76 -30.95 (-0.15%)
  • Nasdaq 5,910.52 -6.26 (-0.11%)

 

  • Crude Oil 49.53 -1.18 (-2.33%)
  • Gold 1,286.50 2.70 (0.21%)
  • Silver 17.91 -0.11 (-0.60%)

 

  • EUR/USD 1.0708 -0.0007 (-0.06%)
  • 10-Yr Bond 2.2237 -0.004 (-0.18%)
  • Russell 2000 1,379.85 -4.30 (-0.31%)

 

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Credit: Yahoo Finance.

Manufactured Housing Composite Value (MHCV) Ticker

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Credit: Yahoo Finance.

 

The MH Industry – Today’s Risers and Sliders

Top risers included Patrick Industries and Cavco. Skyline and Louisiana-Pacific Corp. led the sliders.

Skyline’s stock saw another dip today of almost three percent.

Note: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

Note: Drew changed their name and trading symbol at the end of 2016 to Lippert (LCII).

 

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).

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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, and when provided by third parties, are shared under fair use guidelines.)

 

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

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

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