Marketwatch’s Joseph Adinolfi points out that as new highs are hit on the Dow, that investors have actually been selling for months. “Investors have pulled the equivalent of $133 billion from global equity funds so far this year, according to a weekly fund flows report from Bank of America Merrill Lynch released Friday. Of that nearly $80 billion has been pulled from U.S. equity funds,” Adinolfi states. But central banks keep buying, which he says has helped keep the markets advancing.

Here are today’s market summaries.

The Dow Jones Industrial Average advanced +0.66 percent, +120.74 points, to end the day at a new high of 18,347.67.

The NASDAQ moved up more than the other two indices, +0.69 percent, +34.18 points to finish at 5,022.82.

The S&P 500 advanced +0.70% percent, +14.98 points, to close at 2,152.14, setting a new record.

Yahoo! Finance Manufactured Housing Composite Value: 1526.5 Today’s Change: +0.79%

Affiliated Managers Group, Inc. (NYSE:AMG) 143.74 +3.77 (2.69%)

Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers: 217,050.00 +1,226.00 (0.57%)

Carlyle Group (NASDAQ:CG) 16.42 +0.08 (+0.49%)

Cavco Industries, Inc. (NASDAQ:CVCO) 99.91 +0.86 (0.87%)

Deer Valley Corporation (OTCMKTS:DVLY)0.4501 0.00 (0.00%)

Drew Industries, Inc. (NYSE:DW) Dow Jones 92.12 +1.54 (1.70%)

Equity LifeStyle Properties, Inc. (NYSE:ELS) 79.91 -0.51 (-0.63%)

Killam Properties Inc. (TSE:KMP) 13.16 +0.09 (0.69%)

Louisiana-Pacific Corporation (NYSE:LPX) 18.85 +0.50 (2.72%)

Nobility Homes Inc. (OTCMKTS:NOBH) 15.70 +0.10 (0.64%)

Northstar Realty Finance Corp (NYSE:NRF) 12.31 +0.26 (2.16%)

Patrick Industries, Inc. (NASDAQ:PATK) 66.51 +0.61 (0.93%)

Skyline Corporation (NYSE:SKY) 9.28 0.03 (0.32%)

Sun Communities Inc. (NYSE:SUI) 75.95 -1.38 (-1.78%)

Third Avenue Value Instl (OTCMKTS:TAVFX) 50.12 +1.19 (1.58 %)

UMH Properties, Inc. (NYSE:UMH) 12.49 -0.08 (-0.64%)

Universal Forest Properties, Inc. (NYSE:UFPI) 100.67 0.53 (0.53%) ##

(Credit: Marketwatch-July 12 Dow Jones Industrial Average)

Article submitted by Matthew J Silver to Daily Business News-MHProNews.