Sun Communities Edges Up, while Skyline Corp. Moves Lower

The day kicked off with the Dow Jones Industrial Average plunging below the 16,400 mark, but rising steadily throughout the day to close at 16,530.55, adding +17.66 points, +0.11 percent.  MHProNews learned from CNNMoney the Nasdaq also moved up, gaining +14.16 points, +0.34 percent, to close at 4,138.06. while the S&P nudged up +3.52 points, +0.19 percent, to close at 1,884.66. The Yahoo! Finance Manufactured Housing Composite fell -1.28 percent, to finish at 727.7. Tracked housing stocks closed mixed or even in today’s trading, with little change either way, although Sun Communities, Inc. edged up +1.05 percent, +0.49 points, to close at 47.21. Skyline Corp. slipped the most of tracked stocks, -2.12 percent, -0.11 points, to close at 5.09. Affiliated Managers Group 195.70 -1.26 (-0.64%). Cavco Industries 79.73 -0.14 (-0.18%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 189,790 -2,465.00 (-1.28%). Deer Valley Homebuilders remained at 0.70. Drew Industries, Inc. remained unchanged at 50.20. Equity LifeStyle Properties 42.73 +0.25 (+0.59%). Liberty Homes remained unchanged at 0.80. Louisiana Pacific Industries 16.48 -0.25 (-1.49%). Nobility Homes remained steady at 11.10. Patrick Industries, Inc. 41.43 -0.20 (-0.48%). Third Avenue Value Fund (May 2) 58.73 +0.15 (+0.26%). UMH Properties 9.94 -0.03 (-0.30%). Universal Forest Products, Inc. 50.29 -0.70 (-1.37%). ##

(Graphic credit: CNNMoney and RealTick)

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