Louisiana Pacific Drops, while Berkshire Hathaway Edges Up

With little happening on the domestic markets, investors watched Chinese trade data and the Japanese gross domestic product (GDP) numbers come in lower than expected as the three major stock indexes slipped slightly. CNNMoney reports the Dow Jones Industrial Average nudged down -34.04 points, -0.21 percent, to end the day at 16,418.68. The Nasdaq drifted down -1.77 points, -0.04 percent, to finish at 4,334.45, while the S&P dropped -0.87 points, -0.05 percent, to finish at 1,877.17. The Yahoo! Finance Manufactured Housing Composite fell -0.43 percent to close at 807.66. Housing stocks we track in today’s trading closed modestly mixed or even, although Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway edged up the most, +1.43 percent, +2,628.00 points, to finish the day at 186,400. Louisiana Pacific Industries dropped the most of tracked stocks, -3.28 percent, -0.60 points, to end the day at 17.69. Affiliated Managers Group remained steady at 196.45. Cavco Industries, Inc. 80.24 -0.13 (-0.16%). Deer Valley remained unchanged at 0.75. Drew Industries 52.47 +0.30 (+0.58%). Equity LifeStyle Properties 40.27 -0.42 (-1.01%). Liberty Homes remained steady at 0.80. Nobility Homes remained unchanged at 11.00. Patrick Industries 42.40 -0.35 (-0.81%). Skyline Corp. 5.50 -0.11 (-1.96%). Sun Communities, Inc. 44.63 -0.34 (-0.76%). Third Avenue Value Fund (March 7) 56.91 +0.02 (+0.04%). UMH Properties 9.59 +0.10 (+1.05%). Universal Forest Products, Inc. 56.81 -0.60 (-1.05%). ##

(Graphic credit: CNNMoney and RealTick)

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