The stock market began the week with positive news from global markets. The Chinese economy grew at an annual rate of 8.9 percent the last quarter, a German sentiment index showed positive results, and manufacturing grew in the New York region. CNNMoney tells MHProNews the Dow Jones Industrial Average gained 60.01 points, 0.48 percent, to close at 12,482.07. The NASDAQ moved up 17.41 points, and the S&P gained 4.58 points. The Yahoo! Finance Manufactured Housing Composite fell -0.28 percent to close at 759.6. Most racked housing stocks closed down, with Patrick Industries posting the biggest advance, moving up +3.70 percent, +0.20, to close at 5.60. Affiliated Managers Group 98.03 -0.61 (-0.62%). Cavco Industries slid the most of tracked stocks, losing 0.94 percent, -0.39, to close at 41.18. Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 116,950.00 +430.00 (+0.37%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 24.67 -0.16 (-0.64%). Nobility Homes 5.30 -0.02 (-0.38%). Skyline Corp. 5.20 -0.03 (-0.57%). Sun Communities was unchanged at 37.70. Third Avenue Value Fund (1-13) 41.90 +0.12 (+0.29%). UMH Properties 9.18 -0.07 (0.76%). Universal Forest Products, Inc. 32.81 -0.05 (-0.15%).
(Graphic credit: CNNMoney and RealTick)