Indexes Close Lower Tuesday

Wall Street Crossroads Eric Miller Photo

Indexes including the Dow and Yahoo Finance Manufactured Housing Composite closed lower Tuesday as fed minutes deflated market expectations.

Closing lower with the broader markets were Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway, down $366 (.27 percent) to $122, 357; Cavco, down .07 cents (.15 percent) to $47.15; Drew Industries, down .38 cents (1.35 percent) to $27.74; Equity LifeStyle Properties, down .10 cents (.14 percent) to $70.01; Louisiana-Pacific, down .06 cents (.65 percent) to $9.22; Nobility Homes, down .48 cents (6.15 percent) to $7.33; Patrick Industries, down .89 cents (6.85 percent) to $12.10; Skyline Corp, down .24 cents (3.08 percent) to $7.55; Sun Communities, down .04 cents (.09 cents) to $43.57 and Universal Forest Products, down .71 cents (2.05 percent) to 33.94.

Closing higher were Affiliated Managers Group, up $1.67 (1.47 percent) to $115.20; Third Avenue Value, up .45 cents (.99 percent) to $45.97; UMH Properties, up .35 cents (3.11 percent making it the day’s biggest gainer) and Walker & Dunlop, up .15 cents (1.18 percent) to $12.90.

Remaining unchanged were Champion, Deer Valley, Liberty and Palm Harbor Homes.

(Image Credit: Eric Miller)

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