ELS Edges Up; Nasdaq Leads Downward Charge in Today’s Trading

Tech stocks rallied downward with Twitter leading the charge, losing over seven percent in today’s trading, as the Nasdaq fell -1.35 percent, -60.07 points, to close at 4,391.46, while the Dow Jones Industrial Average dropped -117.59 points, -0.69 percent, to end the day under 17,000 at 16,906.62. CNNMoney tells MHProNews the S&P 500 fell -13.94 points, -0.70 percent, to end the day at 1,963.71. The Yahoo! Finance Manufactured Housing Composite dropped -2.22 percent to close at 963.6. Stocks we cover closed mostly down or even, although Equity LifeStyle Properties moved up +1.87 percent, +1.06 points, to close at 44.48. Louisiana Pacific Industries dropped more than other stocks we track, -2.65 percent, -0.39 points, to close at 14.35. Affiliated Managers Group 205.70 -0.95 (-0.46%). Cavco Industries, Inc. 82.79 -0.82 (-0.98%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 192,400 -600.00 (-0.31%). Deer Valley Corp. remained at 0.66. Drew Industries, Inc. 49.46 -0.39 (-0.78%). Liberty Homes remained unchanged at 1.50. Nobility Homes remained at 11.12. Patrick Industries 46.59 -0.28 (-0.60%). Skyline Corp. 4.32 -0.089 (-2.02%). Sun Communities, Inc. 50.44 +0.28 (+0.56%). Third Avenue Value Fund (July 7) 62.21 -0.22 (-0.35%). UMH Properties, Inc. remained unchanged at 10.16. Universal Forest Products, Inc. 48.12 -0.19 (-0.39%). ##

(Graphic credit: CNNMoney and RealTick)

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