Home Improvement Industry
Stocks Drop with Market
The Hard Fax Composite of home improvement industry
stocks dropped 22 points in the latest week of trading, ending at 1392, and is
currently up 26 percent on the year. The
Dow Jones Industrial Average fell 237 points for the week, ending at 13107, or plus
seven percent on the year.
Last week the market basket of 28 industry-related
stocks had 20 decliners versus eight gainers.
For the year, 23 stocks are up and only five are down.
Due to Hurricane Sandy, stock exchanges are closed on
Monday and may remain closed through Tuesday.
In the aftermath of the storm, look for a surge in sales of cleanup and
damage-related products.
‑ TVG
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