Dow Returns from Sharp Fall; Housing Stocks End Week Mixed

The blue-chip index had fallen 150 points during today’s trading but managed to pare losses and finish the day +0.02 percent, as investors anticipate the government’s jobs report and a meeting of Fed officials next week. CNNMoney reports the Dow Jones Industrial Average edged up +3.22 points, +0.02 percent, to close at 15,558.83. The Nasdaq nudged up +0.22 percent, +7.98 points, to end the day at 3,613.17, while the S&P moved up +0.08 percent, +1.40 points, to close at 1,691.65. The Yahoo! Finance Manufactured Housing Composite gained +2.09 percent to end at 1021.8. Housing stocks we follow closed mixed, or even, with Skyline Corp. posting the biggest gain of tracked stocks, +1.85 percent, +0.09 points, to end the week at 4.96. Louisiana Pacific Industries dropped the most of stocks we follow, falling -1.56 percent, -0.26, to end the week at 16.41. Affiliated Managers Group 174.42 +0.49 (+0.28%). Cavco Industries 54.27 +0.31 (+0.57%). Champion, Liberty Homes and Palm Harbor continued unchanged. Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 175,926 +485.00 (+0.28%). Deer Valley remained unchanged at 0.60. Drew Industries 41.81 -0.35 (-0.83%). Equity LifeStyle Properties 39.32 -0.22 (-0.56%). Nobility Homes remained unchanged at 8.50. Patrick Industries 24.69 -0.26 (-1.04%). Sun Communities, Inc. 50.66 -0.24 (-0.47%). Third Avenue Value Fund (July 25) 56.67 +0.13 (+0.23%). UMH Properties, Inc. 11.10 -0.06 (-0.54%). Universal Forest Products, Inc. 40.91 +0.07 (+0.17%).

(Graphic credit: CNNMoney and RealTick)

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