Affiliated Managers Group Spikes over Nine Percent

Stocks had a solid day today as investors anticipate what will come out of the two-day Federal Reserve meeting that ends Wednesday, regarding the Fed’s intentions going forward. The Dow Jones Industrial Average moved up +86.63 points, +0.53 percent, to finish at 16,535.37. The Nasdaq advanced +29.14 points, +0.72 percent, to end the day at 4,103.54 while the S&P rose +8.9 points, +0.48 percent, to 1,878.33, as CNNMoney tells MHProNews. The Yahoo! Finance Manufactured Housing Composite gained +0.48% percent to close at 701.44. Tracked housing stocks closed mixed or even in today’s trading, although Affiliated Managers Group spiked +9.07 percent, +16.40 points, to end the trading day at 196.17. Patrick Industries, Inc. dropped the most of tracked stocks, -2.42 percent, -1.00 points, to close at 40.38. Cavco Industries 77.67 -0.08 (-0.10%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 192,545 +1,145.00 (+0.60%). Deer Valley remained unchanged at 0.65. Drew Industries, Inc. 49.53 -0.48 (-0.96%). Equity LifeStyle Properties 41.80 -0.34 (-0.81%). Liberty Homes remained unchanged at 0.80. Louisiana Pacific Industries 16.14 +0.09 (+0.56%). Nobility Homes 11.25 +024 (+2.18%). Skyline Corp. 5.05 -0.06 (-1.17%). Sun Communities, Inc. 45.00 -0.11 (-0.24%). Third Avenue Value Fund (April 28) 57.95 -0.04 (-0.07%). UMH Properties 9.86 -0.02 (-0.20%). Universal Forest Products, Inc. 50.26 -0.71 (-1.39%) ##

(Graphic credit: CNNMoney and RealTick)

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