Cavco Nudges Up; Investors Slowly Return to Trading

Stocks bounced back modestly as investors moved cautiously back into the market in today’s trading. The Dow Jones Industrial Average advanced +0.06 percent, +10.27 points, to end at 16,256.14. The Nasdaq moved up +0.81 percent, 33.24 points, to close at 4,112.99, while the S&P gained +0.38 percent, +6.92 points, to settle at 1,851.96, according to CNNMoney. The Yahoo! Finance Manufactured Housing Composite moved up +0.88 percent to close at 733.20. Housing stocks we follow in today’s trading closed mixed or even. Cavco Industries, Inc. nudged up the most of stocks we track, +1.94 percent, +1.47 points, to finish at 77.51. Third Avenue Value Fund (April 7) edged down more than other tracked stocks, -0.25 points -0.43 percent, to end the trading day at 57.93. Affiliated Managers Group 191.16, +0.34 points, (+0.17%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 184,680 -20.00 points (-0.01%). Deer Valley remained unchanged at 75.00. Drew Industries, Inc. 51.54 +0.63 (+1.24%). Equity LifeStyle Properties 40.73 -0.09 (-0.22%). Liberty Homes remained steady at 0.80. Louisiana Pacific Corp. 16.46 +0.17 (+1.04%). Nobility Homes closed unchanged at 11.75. Patrick Industries 40.20 +0.33 (+0.83%). Skyline Corp. 5.65 -0.0144 (-0.25%). Sun Communities, Inc. 44.82 +0.08 (+0.18%). UMH Properties 9.87 +0.11 (+1.13%). Universal Forest Products, Inc. 55.19 +0.37. (+0.67). ##

(Graphic credit: CNNMoney and RealTick)

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