Rally Fades, Most Housing Stocks Fall, but Dow Remains above 13,000

CNNMoney tells MHProNews.com the Dow Jones Industrial Average edged up 16.42 points as falling bank stocks pulled at the strength of tech socks. The Dow gained 0.12 percent to close at 13,194.10. The Nasdaq moved up +0.03 percent to close at 3,040.73, while the S&P fell -0.12 percent to finish at 1,394.28. The Yahoo! Finance Manufactured Housing Composite lost 2.10 percent to close at 929.7. Tracked housing stocks closed down except for Third Avenue Value Fund, and Skyline Corp. which gained +3.16 percent, +0.24, to close at 7.83. Patrick Industries fell the most of tracked stocks, losing -6.95 percent, -0.65, to end the day at 8.70. Affiliated Managers Group 111.60 -0.47 (-0.42%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 121,074 -176.00 (-0.15%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Cavco Industries 48.56 -0.92 (-1.86%). Drew Industries 28.12 -0.36 (-1.26%). Equity Lifestyle Properties 68.28 -0.11 (-0.16%). Louisiana Pacific Corp. 9.37 -0.16 (-1.68%). Nobility Homes 8.00 -0.35 (-4.19%). Sun Communities 43.12 -0.43 (-0.99%). Third Avenue Value Fund (3-13) 47.22 +0.95 (+2.05%). UMH Properties 10.21 -0.13 (-1.26%). Universal Forest Products 34.15 -0.11 (-0.32).

(Graphic credit: CNNMoney and RealTick)

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