Although the Dow has risen over seven percent for the year, investors’ current caution in advance of next week’s corporate earnings reports and ongoing concerns about China and Europe led to a two percent + drop in the Dow this week. CNNMoney reports the Dow Jones Industrial Average rose a meager 0.02 percent today, + 2.46 points, to close at 13,328.85, while the Nasdaq fell -0.17 percent, -5.30 points to 3,044.11. The S&P also lost a little ground, -0.30 percent, -4.25 points to close at 1,428.59. The Yahoo! Finance Manufactured Housing Composite gained 2.48 percent to close at 1138.9 Housing stocks we track closed mixed, or even. Nobility Homes advanced the most of stocks we follow, gaining +5.45 percent, +0.30, to end the trading day at 5.80. Skyline Corp. lost the most of tracked stocks, -3.71 percent, -0.18 to close at 4.67. Affiliated Managers Group remained unchanged at 123.24. Cavco Industries 46.05 -0.30 (-0.65%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 132,502 -511.00 (-0.38%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 31.52 -0.03 (-0.10%). Equity LifeStyle Properties 65.93 -0.33 (-0.50%). Louisiana Pacific Corp. 14.00 +0.33 (+2.41%). Patrick Industries 17.55 +0.42 (+ 2.64%). Sun Communities, Inc. 43.56 +0.03 (+0.09%). Third Avenue Value Fund (Oct. 11) 48.38 -0.13 (-0.27%). United Forest Products, Inc. 40.39 -0.01 (-0.04%). UMH 11.52 -0.23 (-1.96%).
