UFPI Gains over 3 Percent; Dow, S&P Hit new Record Highs

New money from mutual funds and other big investors are entering the stock market to kick off the second half of the year, driving the Dow Jones Industrial Average and the S&P 500 to new record highs. As CNNMoney informs MHProNews, the Dow rose +129.47 points, +0.77 percent, to 16,956.07, while the S&P gained +13.09 points, +0.67 percent, to end the day at 1,973.32. The Nasdaq gained the most, +1.14 percent, +50.47 points, to close at 4,458.65. The Yahoo! Finance Manufactured Housing Composite edged down -0.87 percent to close at 1,026. Stocks we cover closed mostly up or even, with Universal Forest Products, Inc. advancing the most, +3.10 percent, +1.50 points, to close at 49.77. Patrick Industries, after gaining the most of tracked stocks for two consecutive days, slipped more than other stocks we track, -0.24 percent, -0.11 points, to close at 46.48. Affiliated Managers Group 205.28 -0.12 (-0.06%). Cavco Industries 87.33 +2.03 (+2.38%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 190,500 +600.00 (+0.32%). Deer Valley Corp. remained at 0.66. Drew Industries, Inc. 51.04 +1.02 (+2.05%). Equity LifeStyle Properties 44.32 +0.16 (+0.36%). Liberty Homes remained unchanged at 1.50. Louisiana Pacific Industries remained unchanged at 15.02. Nobility Homes 11.12 +0.11 (+1.00%). Skyline Corp. 4.15 +0.04 (+0.97%). Sun Communities, Inc. 50.29 +0.45 (+0.90%). Third Avenue Value Fund (June 30) 61.97 +0.22 (+0.36%). UMH Properties, Inc. 10.10 +0.07 (+0.70%). Universal Forest Products, Inc. 49.77 +1.50 (+3.10%). ##

(Graphic credit: CNNMoney and RealTick)

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