Noteworthy headlines on CNNMoney – Trump calls fighter jet costs “out of control.” Bill Gates will lead new $1 billion clean energy fund. Wells Fargo scandal spreads to Prudential Insurance. JCPenney, Kohl’s, Macy’s and Sears sued over misleading prices.
Some bullets from MarketWatch – Viacom stops exploring potential deal with CBS. Dow edges to record as oil surges, tech slump keeps Nasdaq negative. Two traders arrested over alleged manipulation of more than 2,000 stocks. What will tech leaders tell Trump?
Oil up 1.67%. Gold up 0.22.
Three Major U.S. Market Tickers and closing numbers at the bell today…
S&P 500 2,2596.96 -2.57 (-0.11%)
Dow JIA 19,796.43 39.58 (0.20%).
Nasdaq 5,412.54 –31.96 (-0.59%).
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Berkshire Hathaway Inc. (BRK/A) and Equity Lifestyle Properties Inc. (ELS). The top sliders for the day were Skyline Corp. (SKY) and Affiliated Managers Group Inc. (AMG). Killam held steady today, as the stock is 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 (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.