Cavco Gains, Louisiana Pacific drops, S&P Sets New High

Stocks initially dropped off sharply in midday and then rose back to flatline, although the S&P 500 inched up 2.50 points, + 0.13 percent, to set another new high at 1959.48, as CNNMoney informs MHProNews. The Dow Jones Industrial Average edged up +14.84 points, +0.09 percent, to end the day at 16,921.46, while the Nasdaq slipped -3.51 points, -0.08 percent, to end at 4,359.33. The Yahoo! Finance Manufactured Housing Composite edged up +0.29 percent to close at 788.3. While stocks we cover closed mixed or even, Cavco Industries Inc. gained the most, +2.59 percent, +2.05 points, to close at 81.32, while Louisiana Pacific Industries fell the most, -0.25 points, -1.71 percent, to close at 14.35. Affiliated Managers Group 201.73 -1.14 (-0.56%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 190,491 -184.00 (-0.10%). Deer Valley Corp. remained at 0.66. Drew Industries, Inc. 49.57 +0.02 (+0.04%). Equity LifeStyle Properties 44.80 +0.57 (+1.29%). Liberty Homes remained unchanged at 0.80. Nobility Homes remained steady at 11.50. Patrick Industries, Inc. 42.17 +0.38 (+0.91%). Skyline Corp. 4.10 -0.026 (-0.63%). Sun Communities, Inc. 50.70 +0.28 (+0.56%). Third Avenue Value Fund (June 18) 61.23 +0.27 (+0.44%). UMH Properties, Inc. 9.86 +0.02 (+0.20%). Universal Forest Products, Inc. 48.05 +0.05 (+0.09%). ##

(Graphic credit: CNNMoney and RealTick)

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