Mfg. Housing Composite Drops nearly Five Percent

CNNMoney reports the Dow Jones Industrial Average dropped 168 points on news of tepid job growth for April, losing -1.27 percent, to end the week at 13,038.27 The Nasdaq lost even more, -2.25 percent to drop below the 3,000 mark at 2,956.34, while the S&P also closed down, -1.61 percent, to 1369.10. The Yahoo! Finance Manufactured Housing Composite fell -4.91 percent to close at 1047. Housing stocks we track closed mixed. Patrick Industries gained the most of stocks we follow, +3.95 percent, +0.49, to close at 12.88. Cavco fell the most of tracked stocks, declining 7.40 percent, -3.70, to end the trading day at 46.27. Affiliated Managers Group 107.24 -1.74 (-1.60%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 121,950 +150.00 (+0.12%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 28.25 -0.75 (-2.59%). Equity Lifestyle Properties 69.81 -0.82 (-1.16%). Louisiana Pacific Corp. 8.96 -0.11 (-1.21%). Nobility Homes 6.98 +0.08 (+1.16%). Skyline Corp. 4.95 -0.07 (-1.39%). Sun Communities 43.87 -0.25 (-0.71%). Third Avenue Value Fund (5-3) 45.60 -0.28 (-0.61%). UMH Properties 11.27 -0.21 (-2.15%). Universal Forest Product 36.32 -0.63 (-1.72%).

(Graphic credit: CNNMoney and RealTick)

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