Patrick Spikes, Nobility Slides, Three Indexes on Fence - Mhmsm.com

Stocks rose on lowered reported jobless claims, but then fell on news the numbers were incorrect, leaving the three major indexes to move less than 0.15 percent in either direction. Trading is not anticipated to be particularly active in advance of the presidential elections next month. CNNMoney reports the Dow Jones Industrial Average fell -0.14 percent, -18.58 points, to close at 13,326.39, while the Nasdaq fell -0.08 percent, -2.37 points to 3,049.41. The S&P gained +0.02 percent, +0.28 points to close at 1,432.84. However, the Yahoo! Finance Manufactured Housing Composite fell -0.96 percent to close at 1111.4 Housing stocks we track closed mixed, or even. Patrick Industries advanced the most of stocks we follow, gaining +11.71 percent, +1.89, to end the trading day at 17.59. Nobility Homes lost the most of tracked stocks, -8.33 percent, -0.50 to close at 5.50. Affiliated Managers Group 123.24 +0.46 (+0.37%). Cavco Industries 46.35 -0.46 (-0.98%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 133,013 -53.00 (-0.04%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 31.55 -0.21 (-0.66%). Equity LifeStyle Properties 66.38 -0.11 (-0.17%). Louisiana Pacific Corp. 13.67 +0.17 (+1.26%). Skyline Corp. 4.85 -0.20 (-3.96%). Sun Communities, Inc. 43.53 +0.19 (+0.44%). Third Avenue Value Fund (Oct. 10) 48.51 -0.08 (-0.16%). United Forest Products, Inc. 40.40 -0.62 (-1.52%). UMH 11.74 -0.04 (-0.34%).

(Graphic credit: CNNMoney and RealTick)

Source: http://www.mhmarketingsalesmanagement.com/blogs/daily-business-news/patrick-spikes-nobility-slides-three-indexes-on-fence/

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