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Home > Business, News Item, People > Mfg. Housing Composite and Dow End Week Upbeat

Mfg. Housing Composite and Dow End Week Upbeat

April 20th, 2012 Matthew Silver

Business confidence rise in Germany and strong earnings from corporate America was enough to send the Dow Jones Industrial Average up one half a percentage point, +0.65, to end the week at 13,029.19. The Nasdaq lost -0.24 percent to close at 3000.45, while the S&P gained +0.12 percent, to 1378.53. The Yahoo! Finance Manufactured Housing Composite rose +1.56 percent to close at 1035.4. CNNMoney tells MHProNews.com most all the housing stocks we track closed up. Cavco gained the most of tracked stocks, moving up +4.42% percent, +1.94, to end the trading day at 45.84. Only two of our tracked stocks lost, and neither fell over one-half a percentage point. Affiliated Managers Group 111.55 -0.46 (-0.41%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 18,580 -470.00 (-0.39%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 27.47 +0.38 (+1.40%). Equity Lifestyle Properties 67.12 +0.66 (+0.99%). Louisiana Pacific Corp. 8.18 +0.02 (+0.25%). Nobility Homes was unchanged at 7.03. Patrick Industries 9.14 -0.01 (-0.11%). Skyline Corp. 5.76 +0.10 (+1.77%). Sun Communities 42.49 +0.43 (+1.02%). Third Avenue Value Fund (4-19) 45.30 +0.06 (+0.13%). UMH Properties 11.58 +0.09 (+0.78%). Universal Forest Product 35.00 +0.02 (+0.06%).

(Graphic credit: CNNMoney and RealTick)

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