With investors’ concern that the market was undergoing a correction last week—defined as a ten percent or more drop from a recent peak—fading, all three major indexes rebounded in today’s trading, although not totally making up for last week’s losses. The Dow Jones Industrial Average gained +75.91 points, +0.46 percent, to end the day at 16,569.28, while the Nasdaq moved up +31.25 points, +0.72 percent, to close at 4,383.89. The S&P 500 advanced +13.84 points, +0.72 percent, to end at 1,938.99, as CNNMoney tells MHProNews. The Yahoo! Finance Manufactured Housing Composite edged up +1.05 percent to finish at 796.7. All stocks we cover closed up or even, except for Third Avenue Value Fund. At the top, Drew Industries, Inc. advanced +3.19 percent, +1.32, to close at 42.74, with Skyline Corp. not far behind, moving up +3.15 percent, +0.145 points, to end the day at 4.71. Similarly, Universal Forest Products, Inc. gained +3.10 percent, +1.36 points, to finish the day at 45.30. Third Avenue Value Fund (Aug 1) edged down -0.37 percent, -0.32 points, to close at 61.27. Affiliated Managers Group 196.88 +1.30 (+0.66%). Cavco Industries, Inc. 73.36 +0.92 (+1.27%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 194,305 +5,026.00 (+2.66%). Deer Valley Corp. remained at 0.66. Equity LifeStyle Properties 44.02 +0.04 (+0.09%). Liberty Homes remained unchanged at 1.50. Louisiana Pacific Corp. 13.82 +0.34 (+2.52%). Nobility Homes, Inc. remained unchanged at 11.50. Patrick Industries, Inc. 40.99 +0.43 (+1.06%). Sun Communities, Inc. 53.10 +0.55 (+1.05%). UMH Properties, Inc. 9.92 +0.11 (+1.12%). ##
