U.S. Stocks Close at Highest Level This Year on Greece Hopes; MHCV Values Were Static

feb-10-2015-stock-report

MHCV values went up 0.39%.  In the manufactured housing stocks we track, some went down slightly and others only made a minimal increase.  Leaders were KMP – 1.36% and UMH – 1.04%.

Marketwatch tells MHProNews that U.S. stocks rallied towards the end of the session Tuesday, sending the benchmark S&P 500 to its highest close this year. Investor optimism was fueled by hopes that embattled Greece and its creditors are nearing a compromise to avert a default, although both sides continued to reiterate their stances.

The mood on Wall Street was also boosted by better-than-expected earnings from companies such as Coca-Cola and CVS. The S&P closed 21.84 points, or 1.1%, higher at 2,068.58 and turned positive for the year. The Dow Jones Industrial Average jumped 139.55 points, or 0.8%, to 17,868.76. The Nasdaq Composite added 61.63 points, or 1.3%, to 4,787.64.

When it comes to oil stocks, whom do you believe? Oil racked up a 9% gain in the last three sessions, but some say that oil may drop $30 a barrel from current levels, as rig counts continue to decline.

Listed below are the closing numbers for today’s stock trading.

            Dow Jones      17,868.76       +139.55          (0.79%).

            S&P 500            2,068.59         +21.85          (1.07%).

            Nasdaq              4,787.65         +61.63          (1.30%).

The Yahoo! Finance Manufactured Housing Composite Value (MHCV): Composite Value: 579.4  Today’s Change: +0.39%

As of approximately 4 PM ET: CNNMoney and Google Finance tell MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) 213.25  -1.50 (-0.70%).

Berkshire Hathaway (NYSE:BRK.A)– parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage, 21st Mortgage Corp., and other factory built housing industry suppliers.  225,140.00  +1,140.12 (0.51%).

Carlyle Group (NASDAQ:CG) 27.05  +0.11 (0.41%).

Cavco Industries, Inc. (NASDAQ:CVCO) 78.26 +0.21 (0.27%).

Deer Valley Corporation (OTCMKTS:DVLY) 0.550  -0.050 (-8.33% Feb. 10).

Equity LifeStyle Properties, Inc. (NYSE:ELS) 53.43 -0.22 (-0.41%).

Killam Properties Inc. (TSE:KMP) 11.19  +0.15 (1.36%).

Liberty Homes, Inc. (OTCMKTS:LIBHA) 0.0500  0.0000 (0.00% Feb. 10).

Louisiana-Pacific Corporation (NYSE:LPX) 16.40 -0.09 (-0.55%).

Nobility Homes Inc. (OTCMKTS:NOBH) 9.55  0.00 (0.00% Feb. 6).

Skyline Corporation (NYSEMKT:SKY) 3.67  -0.05 (-1.34%).

Sun Communities Inc. (NYSE:SUI) 66.00  -0.01 (-0.02%).

Third Avenue Value Fund Institutional Class (OTCMKTS:TAVFX)57.30+0.19(0.33% Feb. 10).

UMH Properties, Inc. (NYSE:UMH) 9.68  +0.10 (1.04%).

Universal Forest Products, Inc. (NASDAQ:UFPI) 51.40  +0.08 (0.16%).

(Graphic credit: CNNMoney)

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Article Submitted by Sandra Lane to – Daily Business News- MHProNews.

 

 

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