Skyline Surges, Manufactured Housing CV Up Over Four Percent, Broader Markets Rebound After Fed Hike

Credit: CNN Money.

Noteworthy headlines on CNNMoney – Yahoo hack renews doubts about Verizon deal. Fox News’ Monica Crowley to join Trump administration. China clears key hurdle to buy Chicago Stock Exchange. Trump chief of staff Priebus: White House press briefings could be changed.

Some bullets from MarketWatch – Dollar surges as Fed signals heightened pace of interest-rate hikes. Dylann Roof convicted on all counts in Charleston, S.C., church massacre. Syria: Aleppo cease-fire demanded by EU leaders. Priceline names Glenn Fogel as chief executive officer.

Oil down 0.02%. Gold down 2.90.


Three Major U.S. Market Tickers and closing numbers at the bell today…

S&P 500 2,262.03 8.75 (0.39%)

Dow JIA 19,852.24 59.71 (0.30%).

Nasdaq 5,456.85 20.18 (0.37%).

Image credit, Yahoo, posted for the Daily Business News, MHProNews.


The MH Industry – Today’s Risers and Sliders

The top two gainers for the day were Skyline Corp. (SKY) and Drew Industries Inc. (DW). The top sliders for the day were Cavco Industries Inc. (CVCO) and Affiliated Managers Group Inc. (AMG). Killam and Deer Valley 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.).


Manufactured Housing Composite Value (MHCV) Ticker

Credit: Yahoo Finance.

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

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.  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.)

RC Williams, for Daily Business News, MHProNews.

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


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