Despite recent cautions that the stock market is due for “a correction,” the three major indexes all traded higher on the day, each gaining up to one half of one percent, adding a positive twist to yesterday’s gains, according to what CNNMoney tells MHProNews. The Dow Jones Industrial Average gained +80.85 points, +0.48 percent, to close at 16,919.59. The Nasdaq advanced +0.43 percent, +19.20 points, to end at 4,527.51, while the S&P 500 rose +9.86 points, +0.50 percent, to close at 1,981.60. The Yahoo! Finance Manufactured Housing Composite gained +1.76 percent to finish at 870.7. Most tracked stocks gained or remained even in today’s trading, with Skyline Corp. gaining the most, moving up +5.12 percent, +0.19, to close at 3.90, while Affiliated Managers Group slipped more than other tracked stocks, -0.33 percent, -0.67 points, to close at 200.02. Cavco Industries, Inc. 76.05 +0.93 (+1.24%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 202,600 +181.00 (+0.09%). Deer Valley Corp remained steady at 0.80. Drew Industries 43.27 +1.56(+3.74%). Equity LifeStyle Properties 45.20 -0.14 (-0.31%). Liberty Homes remained unchanged at 1.50. Louisiana Pacific Corp. 14.58 +0.60 (+4.29%). Nobility Homes remained unchanged at 11.00. Patrick Industries 43.13 +0.16 (+0.37%). Sun Communities, Inc. 54.23 -0.26 (-0.48%). Third Avenue Value Fund (Aug. 18) 61.81 +0.28 (+0.06%). UMH Properties, Inc. 10.10 +0.08 (+0.80%). Universal Forest Products, Inc. 48.92 +0.78 (+1.62%). ##
(Graphic credit: CNNMoney and RealTick)