Cavco, Skyline Gain; Major Indexes Down on the Week

Although the stock market suffered its worst week of the year with all three indexes having lost over two percent, they did manage to end the day on a positive note, as the Nasdaq gained over one percent. CNNMoney reports the Dow Jones Industrial Average nudged up +0.07 percent, +10.37 points, to end the week at 14,547.41. The Nasdaq gained +1.25 percent, +39.70 points, to close at 3,206.06, while the S&P advanced +0.88 percent, +13.64 points, to end the day at 1,555.25. The Yahoo! Finance Manufactured Housing Composite moved up +1.94 percent to close at 1541.4. Housing stocks we track closed mixed or even, with Cavco Industries, Inc. gaining the most, +4.68%, +1.92, to end the day at 42.93. Skyline Corp. was right behind, gaining +4.63%, +0.199, to end the week at 4.50. Louisiana Pacific Industries, Inc. fell the most of stocks we follow, dropping -2.25%, -0.40 points, to end the day at 17.40. Affiliated Managers Group 145.81 +1.75 (+1.21%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 157,861 +3,335.00 (+2.16%). Champion, Liberty Homes, Deer Valley and Palm Harbor continued unchanged. Drew Industries 34.29 +0.16 (+0.47%). Equity LifeStyle Properties 80.39 +0.02 (+0.02%). Nobility Homes remained unchanged at 5.55. Patrick Industries, Inc. 14.15 +0.13 (+0.98%). Sun Communities, Inc. 49.41 +0.94 (+1.94%). Third Avenue Value Fund (April 18) 52.32 -0.11 (-0.21%). Universal Forest Products, Inc. 37.06 +0.06 (+0.17). UMH 10.94 +0.05 (+0.46%).

(Graphic credit: CNNMoney and RealTick)

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