Although the stock market endured one of its most grueling weeks in several years, some analysts say the Dow Jones Industrial Average is overdue for a correction and it will bounce back like it always has. In today’s trading the Dow Jones Industrial Average fell -69.63 points, -0.42 percent, to end the day at 16,493.37, while the Nasdaq fell -17.13 points, -0.39percent, to close at 4,352.64. Similarly, the S&P 500 dropped -5.52 points, -0.29 percent, to end at 1,925.15, as CNNMoney tells MHProNews. The Yahoo! Finance Manufactured Housing Composite edged down -0.46 percent to finish at 788.5. Most stocks we cover closed down or even, although Cavco Industries, Inc. advanced +1.47 percent, +1.05, to close at 72.44, while Drew Industries, Inc. dropped the most of stocks we follow, -7.96 percent, -3.58 points, to close at 41.42. Affiliated Managers Group 195.72 -3.53 (-1.77%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 189,279 +1,155.00 (+0.61%). Deer Valley Corp. remained at 0.66. Equity LifeStyle Properties 43.98 -0.31 (-0.70%). Liberty Homes remained unchanged at 1.50. Louisiana Pacific Corp. 13.48 -0.06 (-0.44%). Nobility Homes, Inc. remained unchanged at 11.50. Patrick Industries, Inc. 40.59 -1.09 (-2.62%). Skyline Corp. 4.57 -0.154 (-3.08%). Sun Communities, Inc. 52.55 -0.08 (-0.15%). Third Avenue Value Fund 61.50 (July 31) -0.76 (-1.22%). UMH Properties, Inc. 9.81 -0.10 (-1.01%). Universal Forest Products, Inc. 43.94 +0.16 (+0.37%). ##
