The Dow and the S&P hit new highs in today’s trading but were not able to remain at that level after Carl Icahn’s comments that companies are boosting profits thanks to low borrowing costs instead of strong management. CNNMoney reports the Dow Jones Industrial average fell to gain +0.09 percent, +14.32 points, to end the day’s trading at 15,976.02. The Nasdaq fell -0.93 percent, -36.90 points, to end the day at 3,949.07, while the S&P managed a +6.65 point gain, +0.37 percent, to finish at 1,791.53. The Yahoo Manufactured Housing Composite advanced +6.72 percent to end at 699.8. Most tracked housing stocks turned in red ink in today’s trading but Nobility Homes gained +2.56 percent, +0.26 points to end the day at 10.00. Louisiana Pacific Corp. fell the most of tracked stocks, -3.67 percent, -0.60, to close at 15.75. Affiliated Managers Group 199.92 -1.73 (-0.86%). Cavco Industries 59.69 -0.32 (-0.53%). Clayton Homes Berkshire Hathaway supplier and financer of manufactured homes 173,810 -490.00 (-0.28%) Deer Valley 0.66 +0.01 (+1.54). Drew Industries, Inc. 51.33 -1.28 (-2.43%). Equity LifeStyle Properties 36.23 -0.56 (-1.52%). Liberty Homes remained unchanged at 0.60. Patrick Industries 30.87 -0.05 (-0.17%). Skyline Corp. 5.00 +0.025 (+0.50%). Sun Communities, Inc. 41.88 -0.13 (-0.31%). Third Avenue Value (Nov 15) Fund 58.47 +0.36 (+0.62%). UMH Properties 9.38 -0.06 (-0.64%). Universal Forest Products, Inc. 51.41 -0.88 (-1.68%).
