Cavco Posts 4.10 percent Gain; S&P Flirts with New High

The Dow Jones Industrial Average rose modestly +10.02 points, +0.06 percent, to end the day at 16,543.08, while the Nasdaq gained +22.80 points, +0.55 percent to end the day at 4,154.34. CNNMoney informs MHProNews.com the S&P flirted with a new high but eventually settled with a gain of gain +4.46 points, +0.24 percent, to close at 1,892.49. The Yahoo! Finance Manufactured Housing Composite moved up 2.82 percent, to finish at 732.6. Tracked stocks we cover finished mixed or even, but Cavco Industries gained +4.10 percent, +3.02 points, to close at 76.87. Patrick Industries slipped the most of stocks we follow, -1.64 percent, -0.65, to end the day at 37.88. Affiliated Managers Group 189.49 +3.23 (+1.74%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 190,535 +560.00 (+0.29%). Deer Valley Corp. remained at 0.66. Drew Industries 47.22 +0.44 (+0.94%). Equity LifeStyle Properties 42.35 -0.40 (-0.94%). Liberty Homes remained unchanged at 0.80. Louisiana Pacific Corp. 14.43 +0.25 (+1.76%). Nobility Homes remained at 11.90. Skyline Corp. 4.90 -0.04 (-0.81%). Sun Communities, Inc. 47.03 -0.27 (-0.57%). Third Avenue Value Fund (May 21) 58.79 +0.27 (+0.46%). UMH Properties, Inc. 9.89 +0.04 (+0.41%). Universal Forest Products, Inc. 48.76 +1.14 (+2.37%). ##

(Graphic credit: CNNMoney and RealTick)

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