Weak Jobs Report Dampens Dow; UFPI Rises, Nobility Falls Hard

A weak August jobs report left investors with added hope that the Federal Reserve will provide more stimulus when it meets next week, as the three major indexes made very minor gains. CNNMoney says the Dow Jones Industrial Average gained +0.11 percent, +14.64 points, to 13,306.64. The Nasdaq moved up +0.02 percent to 3,136.42, while the S&P advanced +0.40% to 1,437.92. The Yahoo! Finance Manufactured Housing Composite gained +0.94% to close at 1001.4. Housing stocks we track closed mixed or even. United Forest Products, Inc. advanced the most of stocks we follow, gaining +3.60%, +1.39, to close at 40.01. Nobility Homes dropped the most of tracked stocks, falling -9.15%, -0.54, to end the week at 5.36. Affiliated Managers Group 121.65 +1.66 (+1.38%). Cavco Industries 45.95 +0.94 (+2.09%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 129,942 +345.00 (+0.27%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 29.04 +0.04 (+0.14%). Equity Lifestyle Properties 68.75 -0.36 (-0.52%). Louisiana Pacific Corp. 14.27 +0.24 (+1.71%). Patrick Industries 13.73 + +0.09 (+0.66%). Skyline Corp. 4.57 -0.0199 (-0.43%). Sun Communities 45.95 -0.05 (-0.11%). Third Avenue Value Fund (9-6) 46.81 +0.71 (+1.54%). UMH Properties 11.69 +0.23 (+2.01%).

(Graphic credit: CNNMoney and RealTick)

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