Three Major Indexes and Most Tracked Housing Stocks Fall

The market ended the week on the downside, with all three indexes in the red, although stocks have still gained between 18% and 23% on the year. CNNMoney reports the Dow Jones Industrial Average dropped -72.81 points, -0.47 percent, to close at 15,425.51. The Nasdaq fell -0.25 percent, -9.01 points to end the day at 3,660.11, while the S&P moved down -0.36 percent, -6.06 points, to close at 1,691.42. The Yahoo! Finance Manufactured Housing Composite gained -0.92 percent to close at 957.1. Housing stocks we follow closed mixed or even. Equity LifeStyle Properties gained the most of tracked stocks, +1.90 percent, +0.70 points, to end the day at 37.48. Patrick Industries, Inc. dropped the most of stocks we follow, falling -3.22 percent, -0.78, to end the day at 23.43. Affiliated Managers Group 178.93 -1.39 (-0.77%). Cavco Industries 53.42 +0.14 (+0.26%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 175,100 -1,451.00 (-0.82%). Drew Industries, Inc. 44.06 -0.15 (-0.34%). Liberty Homes remained steady at 0.60. Louisiana Pacific Industries 16.93 -0.55 (-3.15%). Nobility Homes remained steady at 8.50. Palm Harbor Homes remained unchanged. Skyline Corp. 4.80 -0.02 (-0.41%). Sun Communities, Inc. 47.35 -0.11 (-0.23%). Third Avenue Value Fund (Aug 8) 56.35 +0.16 (+0.28%). UMH Properties, Inc. 10.89 +0.12 (+1.11%). Universal Forest Products, Inc. 40.31 -0.37 (-0.92%).

(Graphic credit: CNNMoney and RealTick)

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