Drew Draws Up, Skyline Slips

Disappointing housing data and and reports of mixed earnings put a hiccup in investors’ throats, leading them to step back from the Big Board in today’s trading. The Dow Jones Industrial Average slipped -12.72 points, -0.08 percent, to close at 16,501.65. The Nasdaq slouched -34.49 points, -0.83 percent, to end the session at 4,126.97 while the S&P 500 slid -4.16 points, -0.22 percent, to close at 1,875.39, as CNNMoney tells MHProNews. The Yahoo! Finance Manufactured Housing Composite lost -0.58 percent to close at 743.74. Tracked housing stocks closed mixed or even in today’s trading. Drew Industries edged up the most of tracked stocks, gaining +1.53 percent, +0.79, to end the day at 52.54. Skyline Corp. slipped the most of tracked stocks, -0.14 points, -2.64 percent, to close at 5.16. Affiliated Managers Group 185.86 -0.48 (-0.20%). Cavco Industries 78.61 -0.64 (-0.81%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 190,800 +80.00 (+0.04%). Deer Valley remained unchanged at 0.65. Equity LifeStyle Properties 41.26 +0.13 (+0.32%). Liberty Homes remained unchanged at 0.80. Louisiana Pacific Corp. 15.71 -0.18 (-1.13%). Nobility Homes remained unchanged at 11.00. Patrick Industries, Inc. 42.67 -0.78 (-1.80%). Sun Communities, Inc. 44.23 -0.16 (-0.36%). Third Avenue Value Fund (April 22) 58.47 +0.07 (+0.12%). UMH Properties 9.83 -0.08 (-0.81%). Universal Forest Products, Inc. 52.61 -0.96 (-1.79%) ##

(Graphic credit: CNNMoney and RealTick)

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