After rising above 16,450 earlier in the day, the Dow Jones Industrial Average drifted lower in the afternoon, leaving the three major indexes in the red. CNNMoney reports the Dow dropped -67.43 points, -0.41 percent, to end the day at 16,351.25. The Nasdaq fell -27.26 points, -0.63 percent, to finish at 4,307.19, while the S&P slipped -9.54 points, -0.51 percent, to finish at 1,867.63. The Yahoo! Finance Manufactured Housing Composite fell -0.40 percent to close at 804.42. Housing stocks we track in today’s trading closed modestly mixed or even, although Cavco Industries, Inc. posted the largest gain of stocks we follow, +2.23 percent, +1.79 points, to end the day at 82.19. Deer Valley dropped the most of tracked stocks, -13.33 percent, -0.10 points, to finish at 0.65. Affiliated Managers Group 193.86 -3.16 (-1.60%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 187,052 +652.00 (+0.35%). Drew Industries remained unchanged at 52.47. Equity LifeStyle Properties 40.44 +0.18 (+0.45%). Liberty Homes remained steady at 0.80. Louisiana Pacific Corporation 17.33 -0.36 (-2.04%). Nobility Homes remained unchanged at 11.00. Patrick Industries 42.98 +0.31 (+0.73%). Skyline Corp. 5.56 +0.06 (+1.09%). Sun Communities, Inc. 44.38 -0.25 (-0.56%). Third Avenue Value Fund (March 10) 56.64 -0.27 (-0.47%). UMH Properties 9.55 -0.04 (-0.42%). Universal Forest Products, Inc. 55.52 -1.29 (-2.27%). ##
(Graphic credit: CNNMoney and RealTick)
