Dow Gains 100+ Points; Tracked Housing Closes Mixed

Better-than-expected news on the housing market and durable goods orders pleased investors as the Dow topped 100 points and the other two major indexes gained as well. CNNMoney reports the Dow Jones Industrial Average moved up +0.77 percent, +111.90 points, to close at 14,559.65. The Nasdaq gained +0.53 percent, 17.18 points, to close at 3,252.48, while the S&P rose +0.78 percent, +12.08 points, to end the day at 1,563.77. The Yahoo! Finance Manufactured Housing Composite dropped -0.72 percent to close at 1593.7. Housing stocks we track closed mixed or even. Sun Communities, Inc. moved up the most of tracked stocks, gaining +2.81 percent, +1.35 points, to end today’s session at 49.31. Patrick Industries fell the most of stocks we follow, dropping -0.75 percent, -0.11, to end the day at 14.56. Affiliated Managers Group 151.56 +0.02 (+0.01%). Cavco Industries 48.00 -0.29 (-0.60%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 155,708 +1.924.00 (+1.25%). Champion, Liberty Homes, Deer Valley and Palm Harbor continued unchanged. Drew Industries 36.59 +0.08 (+0.22%). Equity LifeStyle Properties 75.50 +1.12 (+1.51%). Louisiana Pacific Industries 21.51 -0.09 (-0.42%). Nobility Homes remained at 5.44. Skyline Corp. 5.30 +0.08 (+1.53%). Third Avenue Value Fund (March 25) 52.01 -0.04 (-0.08). Universal Forest Products, Inc. remained at 40.50. UMH 10.25 +0.05 (0.49%).

(Graphic credit: CNNMoney and RealTick)

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