UFPI Gains, as Dow and S&P Set New Highs

Stocks rose after the European Central Bank set negative interest rates in order to fuel growth, driving the Dow Jones Industrial Average and the S&P to all new highs. The Dow moved up +98.58 points, +0.59 percent, to end the day at 16,836.11. The Nasdaq gained 44.59 points, +1.05 percent, to end the day at 4,296.23, as CNNMoney informs MHProNews. The S&P advanced +12.58 points, +0.65 percent, to close at 1,940.46. The Yahoo! Finance Manufactured Housing Composite moved up +1.32 percent to close at 748.8. Tracked stocks we cover closed mixed or even. Universal Forest Products, Inc. gained the most of tracked stocks, +3.49 percent, +1.66 points, to close at 49.24 while Nobility Homes fell the most of stocks we follow, -2.12 percent, -0.23 points, to close at 10.62. Affiliated Managers Group 198.55 +4.80 (+2.48%). Cavco Industries Inc. 75.66 +1.02 (+1.38%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 192,100 +1,334.00 (+0.70%). Deer Valley Corp. remained at 0.66. Drew Industries 48.78 +1.14 (+2.39%). Equity LifeStyle Properties 44.22 +0.29 (+0.66%). Liberty Homes remained unchanged at 0.80. Louisiana Pacific Corp. 13.88 -0.02 (-0.14). Patrick Industries 38.01 -0.21 (-0.55%). Skyline Corp. 4.46 -0.04 (-0.89%). Sun Communities, Inc. 49.44 +0.92 (+1.92%). Third Avenue Value Fund (June 4) 59.63 -0.05 (-0.08%). UMH Properties, Inc. 9.91 +0.14 (+1.43%). ##

(Graphic credit: CNNMoney and RealTick)

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