Tracked Housing Stocks Range Widely:Skyline Rises, Cavco, LPX Drop

Investors got mixed messages from the Federal Reserve, causing them to back off from the market today after earlier hitting new highs, sending the three indexes into the red. CNNMoney reports the Dow Jones Industrial Average fell -0.52 percent, -80.41 points, to close the day at 15,307.17. The Nasdaq dropped -1.11 percent, -38.82 points, to finish at 3,463.30, while the S&P moved down -0.83 percent, -13.81 points, to end the day at 1,655.35. The Yahoo! Finance Manufactured Housing Composite fell -0.16 percent to close at 1045.5. Stocks we track closed widely mixed or even, some moving up or down in three figure percentages, with Skyline Corp. gaining the most of tracked stocks, +8.56 percent, +0.37, to close at 4.62. Deer Valley fell the most of stocks we follow, -0.09, -11.25%, to close at 0.71. Affiliated Managers Group 164.02 -3.19 (-1.91%). Cavco Industries, Inc. 46.85 -2.34 (-4.76%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 167,800 -1,389.00 (-0.81%). Champion, Liberty Homes and Palm Harbor continued unchanged. Drew Industries 37.03 -0.30 (-0.80%). Equity LifeStyle Properties, Inc. 82.31 -3.23 (-3.78%). Louisiana Pacific Industries, Inc. 18.97 -0.94 (-4.72%). Nobility Homes 7.05 +0.05 (+0.71%). Patrick Industries 21.53 -0.23 (-1.06%). Sun Communities, Inc. 56.46 -0.43 (-0.66%). Third Avenue Value Fund (May 21) 56.48 +0.04 (+0.07%). UMH Properties, Inc. 11.01 -0.23 (-2.05%). Universal Forest Products, Inc. 39.80 +0.66 (+1.49%).

(Graphic credit: CNNMoney and RealTick)

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