Dow Edges Down, MH Composite Rises, MH Stocks Mixed

CNNMoney tells MHProNews.com jitters over the continuing European debt crisis tempered the slight good news anticipated in the job market, resulting in the Dow Jones Industrial Average dropping -0.11 percent, -14.61 points, to close at 13,060.14. The Nasdaq moved up +12.41 points, +0.40 percent to close at 3,080.50, while the S&P remained just below the 1,400 mark at 1,398.08, -0.06 percent, -0.88. The Yahoo! Finance Manufactured Housing Composite gained +1.46 percent to close at 1,053.30. All the housing stocks we track closed mixed, with no one advancing more than the +0.60 of Patrick Ind., although Nobility Homes dropped the most, -4.23 percent, -0.31 points, to close at 7.02. Affiliated Managers Group 113.18 -0.10 (-0.09%). Cavco 46.75 -0.26 (-0.55). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 121,295 -455.00 (-0.37%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 27.52 +0.15 (+0.55%). Equity Lifestyle Properties 69.18 -0.59 (-0.85%). Louisiana Pacific Corp. 8.98 -0.07 (-0.77%). Patrick Industries 10.09 +0.06 (+0.60%). Skyline Corp. 7.00 -0.26 (-3.58%). Sun Communities 42.95 -0.21 (-0.49%). Third Avenue Value Fund (4-4) 45.19 -0.87 (-1.89%). UMH Properties 11.50 +0.04 (+0.35%). Universal Forest Products 33.56 +0.11 (+0.33%).

(Graphic credit: CNNMoney and RealTick)

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