Noteworthy headlines on – CNNMoney – Trump on Paris accord: We’re getting out. Dow races to new record. Walmart workers are making deliveries on their way home. Uber is losing billions: Here’s why investors don’t care.
Some bullets from Fox Business– Private sector job growth “rip-roaring” in May: ADP. Wall Street hits record highs as economy seen accelerating. Oil mixed; global crude glut drags despite big U.S. inventory draw. Farmer fined $2.8m for farming on own land.
9 key market indicators, per Yahoo! Finance.
- S&P 500 2,430.06 18.26 (0.76%)
- Dow JIA 21,144.18 135.53 (0.65%)
- Nasdaq 6,246.83 48.31 (0.78%)
- Crude Oil 48.03 -0.29 (-0.60%)
- Gold 1,268.20 -7.20 (-0.56%)
- Silver 17.28 -0.13 (-0.72%)
- EUR/USD 1.1215 0.0029 (-0.25%)
- 10-Yr Bond 2.217 0.021 (0.96%)
- Russell 2000 1,396.06 25.85 (1.89%)
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Manufactured Housing Composite Value (MHCV) Ticker
The MH Industry – Today’s Risers and Sliders
Top risers included AMG and Patrick Industries. There were no sliders today.
Per Twst, UMH Properties has acquired an age-restricted, 63 home site community in Maryland for $4M, which it reportedly intends to expand into 170 developed homesites. UMH’s stock price was up over two percent today.
NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. LCI Industries, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##
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Submitted by RC Williams to the Daily Business News for MHProNews.
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