Dow, S&P hit new Highs; Affiliated Managers Group Edges Up

Stocks did not move much in trading on the first day of June, but it was enough for the Dow Jones Industrial Average to post its sixth record close of the year, and for the S&P Index to notch its 15th record high of 2014. The Nasdaq fell slightly, pulled down by falling shares of Amazon, Tesla, Blackberry and Biogen. CNNMoney informs MHProNews the Dow Jones Industrial Average nudged up +26.46 points, +0.16 percent, to finish the first day of June at 16,743.63. The S&P 500 index gained only +1.4 points, +0.07 percent, enough for the new high mark of +1.924.97. Meanwhile, the Nasdaq slipped -5.42 points, -0.13 percent, to finish at 4,237.20. The Yahoo! Finance Manufactured Housing Composite lost -1.07 percent to close at 731.1. Tracked stocks we cover finished mostly down or even. Affiliated Managers Group edged up the most, +0.94 percent, +1.78 points, to close at 190.38, while Skyline Corp. fell the most, -3.33 percent, -0.16 points, to close at 4.65. Cavco Industries Inc. 74.86 -1.91 (-2.49%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 191,807 -193.00 (-0.10%). Deer Valley Corp. remained at 0.66. Drew Industries 48.07 -0.45 (-0.94%). Equity LifeStyle Properties 43.84 +0.10 (+0.22%). Liberty Homes remained unchanged at 0.80. Louisiana Pacific Corp. 14.22 +0.02 (+0.14%). Nobility Homes remained unchanged at 11.00. Patrick Industries 37.50 -0.30 (-0.80%). Sun Communities, Inc. 48.59 +0.17 (+0.35%). Third Avenue Value Fund (May 30) 59.48 -0.05 (-0.08%). UMH Properties, Inc. 9.86 -0.06 -0.60%) Universal Forest Products, Inc. 48.41 -0.13 (-0.28%). ##

(Graphic credit: CNNMoney and RealTick)

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