Patrick Ind. Gains Again; Indexes Improve Modestly

The three major indexes moved up slightly today on the heels of the Federal Reserve’s report that regional economic activity improved, and another report showed pending home sales had reached their best level in two years. CNNMoney reports the Dow Jones Industrial Average gained +12.24 points, +0.09%, to end at 13,115.23. The Nasdaq moved up 0.13 percent to 3,081.19, while the S&P moved up +0.08 percent to 1,410.49. The Yahoo! Finance Manufactured Housing Composite gained +0.33 percent to close at 995.1. Housing stocks we follow closed mixed or even. Patrick Industries gained the most of tracked stocks, moving up +2.90%, +0.39, to end the day at 13.85. Louisiana Pacific Corp. fell the most of stocks we track, dropping -1.19%, -0.16, to close at 13.28. Affiliated Managers Group 118.43 -0.23 (-0.19%). Cavco Industries 45.02 -0.16 (-0.35%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 126,800 -702.00 (-0.55%). Drew Industries 29.07 +0.09 (+0.31%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Equity Lifestyle Properties 69.07 +0.23 (+0.33%). Nobility Homes 5.55 -0.03 (-0.54%). Skyline Corp. 4.79 +0.04 (+0.84%). Sun Communities 46.10 +0.10 (+0.22%). Third Avenue Value Fund (8-28) 46.98 -0.24 (-0.51%). Universal Forest Products Inc. 37.34 +0.22 (+0.59%). UMH Properties 11.29 -0.02 (-0.18%).

(Graphic credit: CNNMoney and RealTick)

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