Noteworthy headlines on CNNMoney – Dow soars over 350 points. Iran nears first western energy deal since sanctions. Tesco Bank: cash stolen from 20,000 accounts. Legal weed: tax jackpot or pipe dream?
Some bullets from MarketWatch – Pennsylvania Senate race is most expensive in history. Clinton relief rally for the stock market may be short-lived; analysts say. How Amazon is battling Wal-Mart on one side and Microsoft on the other. Cash at Buffett’s Berkshire Hathaway hits new record with stock market near highs.
Oil up 2.06%. Gold down 1.77.
Three Major U.S. Market Tickers and closing numbers at the bell today…
S&P 500 2,131.52 46.34 (2.22%)
Dow JIA 18,259.60 371.32 (2.08%).
Nasdaq 5,166.17 119.80 (2.37%).
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were UMH Properties Inc. (UMH) and Berkshire Hathaway Inc. (BRK/A). There we no stocks down today in the MH Industry. Killam held steady, 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.).
UMH featured in a report 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.