Dow Sets another Record; AMG Finds Traction

Spurred on by better-than-expected Feb. retail sales, the Dow closed at an all-time high for the seventh straight day; the S&P is less than one percent below its best reading which it reached in 2007. CNNMoney reports the Dow Jones Industrial Average added +0.04 percent, +5.22 points, to close at 14,455.28. The Nasdaq gained +0.09 percent, +2.80 points, to close at 3,245.12, while the S&P moved up +0.13 percent, +2.04 points, to end the day at 1,554.52. The Yahoo! Finance Manufactured Housing Composite rose +1.75 percent to close at 1500.4. Housing stocks we track closed mixed or even. Affiliated Managers Group gained the most of tracked stocks, advancing +2.97 percent, +4.45 points, to end the day at 154.49. Third Avenue Value Fund (March 12) dropped the most of stocks we track, nudging down -0.37 points, -0.70%, to close at 52.69. Cavco Industries 47.22 +0.65 (+1.36%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 155,431 +1,085.00 (+0.70%). Champion, Liberty Homes, Deer Valley and Palm Harbor continued unchanged. Drew Industries 36.67 +0.31 (+0.85%). Equity LifeStyle Properties 74.14 -0.07 (-0.14%). Louisiana Pacific Corp. 21.56 -0.10 (-0.46%). Nobility Homes remained unchanged at 5.40. Patrick Industries 14.28 +0.10 (+0.71%). Skyline Corp. 4.82 -0.01 (-0.21%). Sun Communities Inc. 45.62 -0.06 (-0.13%). Universal Forest Products, Inc. 40.24 +0.43 (+1.08%). UMH 10.08 -0.06 (-0.59%).

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