Dow Ends Eight Day Slide as Many Housing Stocks also Gain

The Dow nudged up one-quarter of a percent (+29.82 points) for the trading day, closing at 11,894.44, as cautious investors turned to gold and bond stocks. The Yahoo! Manufactured Housing Composite index also rose, moving up 3.14% to finish at 1051.30. Several housing stocks regained lost ground for the day. Berkshire Hathaway, parent of Clayton Homes, Vanderbilt Mortgage and Finance, and other financial and component supply operations, gained one-half percentage point (+557.) to close at 110,957. Cavco Industries spiked +4.02% (+1.67) to finish at 43.25. Drew Industries moved up +.16% (+0.03) to close at 19.37, and Equity Lifestyle Properties added +1.77% (+1.12) to end the day at 64.29. Nobility Homes fell -3.13% (-.25) as the bell sounded to close at 7.73, while Palm Harbor Homes gained +41.67% (+.005), ending the day at .017. Patrick Industries and Deer Valley were unchanged. Skyline Corporation rose +2.91% (+0.41) to end at 14.51, and Sun Communities gained +.49% (+0.18) to finish the day at 37.16. UFPI lost -1.35% (-0.37) to close at 26.98, while UMH ended the day up +.19% (+0.02) at 10.50.


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