Patrick Industries Spike; Dow, S&P Slip

Rebounding social networking stocks propped up the Nasdaq into positive territory in today’s trading, adding +12.89 points, +0.31 percent, to close at 4,127.45, according to CNNMoney. Other investors are playing hooky, anticipating the jobs report tomorrow, as the Dow Jones Industrial Average dropped -21.97 points, -0.13 percent, to end the day at 16,558.87, while the S&P dwindled slightly -0.01 percent, -0.27 points, to close at 1,883.68. The Yahoo! Finance Manufactured Housing Composite moved up +1.79 percent, to finish at 737.86. Tracked housing stocks mostly closed up or even in today’s trading, although Patrick Industries gained +5.96 percent, +0.88 points, to close at 11.00. Louisiana Pacific Industries, Inc. slipped the most of tracked stocks, -1.34 percent, -0.22 points, to close at 16.17. Affiliated Managers Group 195.87 -2.33 (-1.18%). Cavco Industries 79.11 +1.16 (+1.49%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 193,483 +208.00 (+0.11%). Deer Valley remained unchanged at 0.65. Drew Industries, Inc. 50.62 +0.30 (+0.60%). Equity LifeStyle Properties 42.30 +0.43 (+1.03%). Liberty Homes remained unchanged at 0.80. Nobility Homes 11.10 +0.10 (+0.91%). Skyline Corp. 5.19 +0.09 (+1.76%). Sun Communities, Inc. 46.23 +0.66 (+1.45%). Third Avenue Value Fund (April 30) 58.47 +0.01 (+0.02%). UMH Properties remained unchanged at 9.85. Universal Forest Products, Inc. 50.51 +0.02 (+0.04%). ##

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