Dow Returns to 15k; Housing Composite Gains 4.48%

With uncertainty still in the air over future Federal Reserve policy and the sluggish economy, investors made enough inroads in trading today to regain some of what was lost yesterday, but not much. CNNMoney reports the Dow Jones Industrial Average advanced +0.53 percent, +80.03 points, to close at 15,040.62. The Nasdaq recovered +0.66 percent, +22.57 points, to end the day at 3,424.05, while the S&P returned +0.85 percent, +13.66 points, to finish at 1,622.56. The Yahoo! Finance Manufactured Housing Composite gained 4.48 percent to close at 1057.20. Most housing stocks we track closed up or even, with Patrick Industries advancing the most, +3.51 percent, +0.64, to close at 18.96. Third Avenue Value Fund (June 5) fell the most of stocks we follow, -1.86 percent, -1.02, to finish at 53.75. Affiliated Managers Group 163.07 +3.48 (+2.18%). Cavco Industries, Inc. 47.97 +0.25 (+0.53%). Champion, Liberty Homes and Palm Harbor continued unchanged. Deer Valley remained at 0.60. Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 169,877 +2,477.00 (+1.48%). Drew Industries 37.72 +0.38 (+1.02%). Equity LifeStyle Properties, Inc. 78.37 +0.65 (+0.84%). Louisiana Pacific Industries, Inc. 16.83 +0.42 (+2.56%). Nobility Homes remained unchanged at 7.25. Skyline Corp. 4.28 -0.044 (-1.02%). Sun Communities, Inc. 50.02 +0.59 (+1.19%). UMH Properties, Inc. 10.57 +0.30 (+2.92%). Universal Forest Products, Inc. 39.40 -0.21 (-0.53%).

(Graphic credit: CNNMoney and RealTick)

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