Dow Edges Up, MH Composite Moves Down, Tracked Housing Mixed

Positive news about jobless claims and retail spending initially sent the market up, but an index of manufacturing activity tempered the news, although the Dow Jones Industrial Average still managed to climb 28.23 points, +0.22 percent, to end the day at 12,980.30, according to CNNMoney. The Nasdaq moved up +0.74 percent, +22.68 points, to close at 2,988.97, while the S&P rose +0.62 percent, +8.41 points, to close at 1,374.09. The Yahoo! Finance Manufactured Housing Composite lost -2.12 percent to finish at 865.4. Tracked housing stocks closed mixed, but Nobility Homes posted the biggest gain, +2.50 percent, +0.18, to close at 7.37, while Skyline Corp. posted the largest slide, -5.34 percent, -0.43, to finish at 7.62. Affiliated Managers Group 107.99 +1.60 (+1.50%). Cavco Industries 44.22 -0.87 (-1.93%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 118,360 +426.00 (+.36%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 27.29 -0.11 (-0.40%). Equity Lifestyle Properties 67.40 +0.89 (+1.34%). Louisiana Pacific Corp. 8.15 -0.02 (-0.17%). Patrick Industries 6.19 +0.02 (+0.32%). Sun Communities 41.51 +0.12 (+0.29%). Third Avenue Value Fund (2-29) 47.64 -0.15 (-0.31%). UMH Properties 10.12 +0.02 (+0.20%). Universal Forest Products 32.29

(Graphic credit: CNNMoney and RealTick)

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