Jobs Report Depresses Indexes; Nobility Homes Rises

U. S. stocks responded negatively to a report the economy only created 88,000 jobs last month, leading to a drop in the three major indexes, according to CNNMoney. The Dow Jones Industrial Average dropped -0.28, -40.86 points, to end the first week of the new quarter at 14,565.25. The Nasdaq lost -0.65 percent, -21.12 points, to close at 3,203.86, while the S&P fell -0.43 percent, -6.7 points, to end the day at 1,553.28. The Yahoo! Finance Manufactured Housing Composite gained +1.11 percent to close at 1553. Housing stocks we track closed mixed or even, with Nobility Homes gaining the most, moving up +4.45 percent, +0.25 points, to end today’s session at 5.75. Affiliated Managers Group fell the most of stocks we follow, slipping -1.87%, -2.79, to end the day at 146.81. Cavco Industries 45.15 -0.75 (-1.63%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 156,376 -1,181.00 (-0.75%). Champion, Liberty Homes, Deer Valley and Palm Harbor continued unchanged. Drew Industries 35.68 -0.24 (-0.67%). Equity LifeStyle Properties 79.65 +0.36 (+0.45%). Louisiana Pacific Industries 20.63 +0.55 (+2.75%). Patrick Industries, Inc. 14.84 +0.24 (+1.65%). Skyline Corp. 5.71 +0.03 (+0.53%). Sun Communities, Inc. 48.06 +0.38 (+0.80%). Third Avenue Value Fund (April 4) 51.97 +0.18 (+0.35%). Universal Forest Products, Inc. 37.82 +0.02 (+0.04%). UMH Properties 10.60 +0.04 (+0.38%).

(Graphic credit: CNNMoney and RealTick)

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