Noteworthy headlines on CNNMoney – Hurricane Matthew may be costliest ever (see DBN coverage here.) Oil back above $50. Why the U.K. Pound is still crashing. Who’s worried about America’s $19 trillion dollar debt?
Some bullets from MarketWatch- Gold sinks to 4-month low. Hurricane Matthew sends roof suppliers higher, insurance stocks lower. NFL ratings decline surprises networks, advertisers.
Oil up 1.34%. Gold down 0.95.
Three Major U.S. Market Tickers and closing numbers at the bell today…
S&P 500 2,160.77 1.04 (0.05%).
Dow JIA 18,268.50 -12.53 (-0.07%).
Nasdaq 5,306.85 -9.17 (-0.17%).
The MH Industry – Today’s Risers and Sliders
Top two gainers for the day were Louisiana-Pacific Corp. (LPX) and Patrick Industries (PATK). The top two sliders for the day were Berkshire Hathaway Inc. (BRK/A) and UMH Properties Inc. (UMH). Killam and Deer Valley held steady, as those 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.).
ELS spotlighted in the latest new report linked here.
Skyline spotlighted in a report linked here.
Sun Communities spotlighted in a report linked here.
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.