Deer Valley Advances 7.69 %; Dow, Nasdaq, S&P Slip

Despite a stronger than anticipated jobs report for April and a drop in the unemployment rate, the three major indexes all ended the week slightly in the red. The Dow Jones Industrial Average dropped -45.98 points, -0.28 percent, to end the day at 16,512.89, while the Nasdaq dropped minimally, losing -3.55 points, -0.09 percent, to close at 4,123.90. The S&P dwindled, losing -2.54 points, -0.13 percent, to close at 1,881.14. The Yahoo! Finance Manufactured Housing Composite moved up -0.11 percent, to finish at 737.10, as CNNMoney tells MHProNews. Tracked housing stocks closed mixed or even in today’s trading, although Deer Valley gained +7.69 percent, +0.05 points, to close at 0.70. Patrick Industries slipped the most of tracked stocks, -1.95 percent, -0.83 points, to close at 41.63. Affiliated Managers Group 196.96 +1.09 (+0.56%). Cavco Industries 79.86 ++0.76 (+0.95%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 192,255 -1,228.00 (-0.63%). Drew Industries, Inc. 50.20 -0.42 (-0.83%). Equity LifeStyle Properties 42.48 +0.18 (+0.43%). Liberty Homes remained unchanged at 0.80. Louisiana Pacific Industries 16.73 +0.56 (+3.46%). Nobility Homes remained steady at 11.10. Skyline Corp. 5.20 +0.01 (+0.19%). Sun Communities, Inc. 46.72 +0.49 (+1.06%). Third Avenue Value Fund (May 1) 58.58 +0.11 (+0.19%). UMH Properties 9.97 +0.12 (+1.22%). Universal Forest Products, Inc. 51.06 +0.55 (+1.09%). ##

(Graphic credit: CNNMoney and RealTick)

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