Quiet Market Day; Tracked Housing Stocks Move Little

Investors backed off from the market today as they await the testimony before Congress of Federal Reserve officials, including Chairman Ben Bernanke, this Wednesday, May 22. CNNMoney reports the Dow Jones Industrial Average slid -0.12 percent, -19.12 points, to close the day at 15,335.28. The Nasdaq lost -0.07 percent, -2.54 points, to finish at 3,496.43, while the S&P moved down -0.07 percent, -1.18 points, to end the day at 1666.29. The Yahoo! Finance Manufactured Housing Composite fell -0.82 percent to close at 1055.4. Stocks we track closed mixed or even without a great deal of change, with Universal Forest Products, Inc. gaining the most of tracked stocks, +1.37 percent, +0.53, to close at 39.25. Cavco Industries, Inc. fell the most of stocks we follow, -0.35, -0.69%, to close at 50.15. Affiliated Managers Group 167.24 +0.02 (+0.01%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 169,200 -200.00 (-0.12%). Champion, Liberty Homes and Palm Harbor continued unchanged. Deer Valley remained at 0.80. Drew Industries 37.32 +0.17 (+0.46%). Equity LifeStyle Properties, Inc. 84.63 -0.05 (-0.06%). Louisiana Pacific Industries, Inc. 20.11 -0.05 (-0.25%). Nobility Homes remained unchanged at 7.00. Patrick Industries 21.90 +0.05 (+0.23%). Skyline Corp. 4.29 -0.021 (-0.48%). Sun Communities, Inc. held steady at 56.12. Third Avenue Value Fund (May 17) 56.14 +0.26 (+0.47%). UMH Properties, Inc. 11.20 +0.03. (+0.27%).

(Graphic credit: CNNMoney and RealTick)

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