MarketWatch informs MHProNews that Treasury yields are drifting lower as summer trading cools. The dollar weakens as domestic productivity falls for 3rd month. Oil prices are said to be heading towards $30 a barrel. Gasoline prices may fall below $2 a gallon nationwide before year-end. Gold closes higher to end two-day loss. The MHCV slips as the broader market indexes rose, as shown below.
The Dow Jones Industrial Average gained 0.02% percent adding 3.76 points to close at 18,533.05.
The S&P 500 rose 0.85 points to close at 2,181.74 with 0.04% increase.
The NASDAQ gained 0.24%, gaining 12.34 points to finish at 5,225.48.
** Manufactured Housing Related Stock Reports **
The Yahoo’s Manufactured Housing Composite Value (MHCV) edged downwards -18.94 points to end the day at 1,379.94. The MH-related stocks they track range from the biggest gainer, was UMH Properties, with a 1.12% climb to close at $12.69. Skyline Corporation registering the deepest loss for the day, slipping -1.53%, and closing at $10.27.
|COMPANY||EXCHANGE||SYMBOL||CLOSE|| CHANGE (%)
|Berkshire Hathaway Inc. – – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers||NYSE||BRKA||220,605.05||+2,305.05 (+1.06%)|
|Cavco Industries, Inc.||NASDAQ||CVCO||97.50||-0.42
|Deer Valley Corporation||OTCMKTS||DVLY||0.55||+0.00 (+0.00%)|
|Drew Industries, Inc.||NYSE||DW||96.19||-0.51
|Equity LifeStyle Properties, Inc.||NYSE||ELS||80.84||+0.27 (+0.34%)|
|Killam Properties Inc.||TSE||KMP||12.88||+0.10
|Nobility Homes Inc.||OTCMKTS||NOBH||15.50||+0.50 (+3.33%)|
|Northstar Realty Finance Corp||NYSE||NRF||13.52||-0.18
|Patrick Industries, Inc.||NASDAQ||PATK||61.99||-0.41
|Third Avenue Value Instl –
As of 08 Aug 2016
|UMH Properties, Inc.||NYSE||UMH||12.69||+0.14
|Universal Forest Properties, Inc.||NYSE||UFPI||106.98||-0.32
(Graphic credits: MarketWatch)
MH Industry Market Report by Frank Griffin, to Daily Business News for MHProNews.