Most Tracked Housing Stocks Dip; Three Major Indexes Mixed

Investors concerns about the debt ceiling and the global economy were reflected in U.S. stocks and the three major indexes which closed mixed today. CNNMoney reports the Dow Jones Industrial Average edged down -0.17 percent, -23.66 points, to end the day at 13,511.23. The Nasdaq gained +0.22 percent, +6.76 points, to close at 3,117.54, while the S&P moved up ever so slightly, +0.02 percent, +0.29 points, to end the day at 1,472.63. The Yahoo! Finance Manufactured Housing Composite fell -0.57 percent to close at 1253.0. Most housing stocks we track closed down or even, although Universal Forest Products, Inc. managed to squeeze out a slight gain of +0.08%, +0.03, to end the day at 39.93. Patrick Industries, Inc. lost the most of tracked stocks, falling -6.29%, -1.03 to 15.50. Affiliated Managers Group 140.04 -0.63 (-0.45%). Cavco Industries, Inc. 49.02 -0.20 (-0.41%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 142,964 -241. (-0.17%). Champion, Liberty Homes, and Palm Harbor continued unchanged. Deer Valley remained unchanged at 0.60. Drew Industries remained at 34.67 -0.13 (-0.37%). Equity LifeStyle Properties 71.35 -0.17 (-0.24%). Louisiana Pacific Industries remained unchanged at 20.28, and Nobility Homes remained steady at 4.60. Skyline Corp. 4.26 -0.12 (-2.74%).  Sun Communities, Inc. 42.18 +0.03 +(0.07%). Third Avenue Value Fund (Jan. 15) 51.42 -0.07 (-0.14%). UMH 10.25 -0.01 (-0.10%).

(Graphic credit: CNNMoney and RealTick)

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