Patrick Re-Gains Lost Ground; Cyprus Continues to Worry Investors

Investors were cautious in trading today as they await the re-opening of banks in Cyprus that have been closed since March 16, resulting in mixed stocks on U. S. markets. CNNMoney reports the Dow Jones Industrial Average moved down -0.23 percent, -33.49 points, to close at 14,526.16. The Nasdaq gained +0.12 percent, +4.04 points, to close at 3,256.52, while the S&P fell -0.06 percent, -0.92 points, to end the day at 1,562.85. The Yahoo! Finance Manufactured Housing Composite gained +1.52 percent to close at 1618.0. Housing stocks we track closed mixed or even with Patrick Industries gaining the most of tracked stocks, moving up +8.85 percent, +1.29 points, to end today’s session at 15.87. Universal Forest Products Inc. fell the most of stocks we follow, dropping -1.26 percent, -0.51, to end the day at 39.99. Affiliated Managers Group 151.33 -0.23 (-0.15%). Cavco Industries 47.83 -0.17 (-0.35%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 154,630 -1,078.00 (-0.69%). Champion, Liberty Homes, Deer Valley and Palm Harbor continued unchanged. Drew Industries 36.63 +0.05 (+0.14%). Equity LifeStyle Properties 75.55 +0.05 (+0.07%). Louisiana Pacific Industries 21.46 -0.05 (-0.23%). Nobility Homes remained at 5.44. Skyline Corp. 5.49 +0.19 (+3.58%). Sun Communities, Inc. 48.95 +0.27 (+0.55%). Third Avenue Value Fund (March 26) 52.39 +0.38 (+0.73%). UMH 10.24 -0.01 (-0.10%).

(Graphic credit: CNNMoney and RealTick)

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