Patrick, Cavco and LPX Advance Nicely; Three Major Indexes End Week Up

The continuing reluctance on the part of the U. S. to attack Syrian targets and the anticipation of the Federal Reserve’s next move led investors to push the three major indexes higher to end trading for the week. CNNMoney reports the Dow gained 75.42 points, +0.49 percent, to close at 15,376.06. Meanwhile, the Nasdaq gained +0.17 percent, +6.21 points to end the day at 3,722.18, while the S&P moved up +0.27 percent, +4.57 points, to finish at 1,687.99. The Yahoo! Finance Manufactured Housing Composite gained +2.82 percent to end today’s session at 1863.1. Housing stocks we track closed mixed or even. Patrick Industries advanced the most of tracked stocks, +3.50 percent, +0.98, to end the week at 28.99, while Third Avenue Value Fund (Sept. 12) fell the most of stocks we follow, -0.49 percent, -0.28, to finish at 56.86. Affiliated Managers Group 184.44 +1.08 (+0.59%). Cavco Industries, Inc. 57.99 +1.61 (+2.86%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 170,155 +155.00 (+0.09%). Deer Valley remained unchanged at 0.65. Drew Industries, Inc. 41.38 +0.10 (+1.24%). Equity LifeStyle Properties 34.58 -0.10 (-0.29%). Liberty Homes remained unchanged at 0.60. Louisiana Pacific Corp. 17.12 +0.38 (+2.27%). Nobility Homes remained at 8.35. Skyline Corp. remained unchanged at 4.79. Sun Communities, Inc. 45.11 +0.13 (+0.29%). UMH Properties, Inc. 9.58 -0.03 (-0.31%). Universal Forest Products, Inc. 40.40 +0.52 (+1.30%).

(Graphic credit: CNNMoney and RealTick)

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