Sun and Third Avenue Rise Modestly; Dow, Nasdaq and S&P Slip

Stocks fell across the board as investors responded to the violence in Gaza and the Ukraine, suppressing trading, as the Dow Jones Industrial Average nudged down -48.45 points, -0.28 percent, to close at 17,051.73. The Nasdaq slipped -7.45 points, -0.17 percent, to end the day at 4,424.70, while the S&P 500 fell -4.59 points, -0.23 percent, to finish at 1,973.63, as MHProNews has learned from CNNMoney. The Yahoo! Finance Manufactured Housing Composite gained -2.12 percent to close at 842.9. Stocks we cover closed mixed or even to end the first of the week trading without a great deal of movement, although Cavco Industries Inc. gained the most of stocks we follow, +2.85 percent, +2.21 points, to close at 79.76. Sun Communities, Inc. and Third Avenue Value Fund both edged up +0.33 percent—Sun moved up +0.17 points to 51.75, and Third Avenue Value Fund (July 18) rose +0.20 points to close at 61.62. Cavco Industries, Inc. slipped more than other stocks we track, -2.07 percent, -1.65 points, to close at 78.00. Affiliated Managers Group 205.22 -0.31 (-0.15%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 193,030 +543.00 (+0.28%). Deer Valley Corp. remained at 0.66. Drew Industries, Inc. 44.87 -0.78 (-1.64%). Equity LifeStyle Properties 44.86 -0.09 (-0.22%). Liberty Homes remained unchanged at 1.50. Louisiana Pacific Industries remained unchanged at 13.99. Nobility Homes was steady at 11.25. Patrick Industries, Inc. 44.08 +0.05 (+0.08%). Skyline Corp. 4.35 -0.02 (-0.46%). UMH Properties, Inc. 9.91 -0.07 (-0.70%). Universal Forest Products, Inc. remained unchanged at 45.68. ##

(Graphic credit: CNNMoney and RealTick)

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