Housing Stocks Mixed; New Fed Head Lifts Dow, S&P

Despite the government shutdown and looming debt ceiling crisis, the Dow and the S&P both edged up slightly on news that Janet Yellen is to replace Ben Bernanke as the next head of the Federal Reserve. CNNMoney reports the Dow Jones Industrial Average gained 26.45 points, +0.18 percent, to end the day at 14,802.98. The Nasdaq fell -0.46 percent, -17.05, to close at 3,677.78, while the S&P nudged up +0.06 percent, +0.95 points to close at 1,656.40. The Yahoo! Finance Manufactured Housing Composite dropped -1.79% percent to close at 961. Tracked housing stocks closed mixed or even. Skyline Corp. was the biggest gainer of stocks we follow, advancing +1.52 percent, +0.07, to end today at 4.67. Cavco Industries lost the most of our tracked stocks, dropping -2.13%, -1.18, to close at 54.34. Affiliated Managers Group 183.51 +0.84 (+0.46%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 168,205 +753.00 (-0.45%). Deer Valley remained unchanged at 0.65. Drew Industries 45.86 -0.34 (-0.74%). Equity LifeStyle Properties 34.16 +0.28 (+0.81%). Liberty Homes remained at 0.60. Louisiana Pacific Corp. 16.91 -0.19 (-1.11%). Nobility Homes remained unchanged at 9.06. Patrick Industries 28.45 +0.37 +1.32%). Sun Communities 41.93 +0.20 (+0.48%). Third Avenue Value Fund (Oct. 8) 55.47 -0.07 (-0.13%). UMH Properties 10.02 +0.06 (+0.60%). Universal Forest Products, Inc. 39.52 +0.40 (+1.02%).

(Graphic credit: CNNMoney and Real tick)

mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates

Scroll to Top