Data suggesting the economy, particularly the manufacturing sector, is slowing down helped lift stock prices on Thursday.
The Nasdaq composite climbed 182 points, or 5%, and the Dow Jones Industrial average gained 130 points, or 1%, as investors snapped up technology stocks.
Most RV company stocks also posted gains on Thursday.
Two major RV builders, Fleetwood and National RV, provided evidence that the manufacturing sector is slowing down by announcing during the last two days that they were reducing their production rates to prevent excess dealer inventories from accumulating.
National RV, which warned Wall Street Thursday that its second quarter earnings would be below expectations, lost 1 9/16 on Thursday, or 14%, to close at 9 3/4.
Fleetwood, which revealed in April that its earnings would be below expectations, gained 3/16 on Thursday to close at 14 7/16.
Here is a round up of RV company stock moves on Thursday:
Winnebago gained 7/16 to close at 14 7/16
Thor declined 3/16 to close at 23 3/16
Coachmen gained 1/16 to close at 12
Monaco declined 3/16 to close at 14 3/16
Skyline gained 1/2 to close at 21 1/8
SMC was unchanged at 3 7/8
Holiday RV Superstores gained 1/4 to close at 4 1/2
Rexhall gained 1/8 to close at 5 13/16
Kit gained 1/16 at 6 9/16
Coast Distribution was unchanged at 2
Featherlite gained 5/16 to closed at 3 5/8
Spartan Motors was unchanged at 4 1/2
Starcraft gained 1/8 to close at 8