Greece Bailout Shoots Dow over 13,000, then Investors Pull Back

CNNMoney tells MHProNews.com the Dow Jones Industrial Average crossed the 13,000 mark for the first time in almost four years, but then fell back to close at 12,965.77, gaining only 15.9 points, +0.02 percent. The Nasdaq lost -0.11 percent, -3.21, to end the day at 2,948.57, while the S&P rose 0.98, +0.07 percent to close at 1,362.21. The Yahoo! Finance Manufactured Housing Composite lost -3.23 percent to finish at 919.1. Many tracked housing stocks closed down, but Nobility Homes was a bright light, gaining 3.25 percent, +0.23, to close at 7.31. Universal Forest Products, Inc. slid the most of tracked stocks, losing 3.64 percent, -1.29, to 34.33. Affiliated Managers Group 106.68 -0.55 (-0.51%). Cavco Industries 47.84 -2.37 (-4.72%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 119,375 +185.00 (0.16%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 29.13 -0.55 (-1.85%). Louisiana Pacific Corp. 7.93 -0.14 (-1.73%). Patrick 6.22 -0.01 (-0.16%). Skyline Corporation 7.73 +0.12 (+1.58%). Sun Communities 40.57 -0.23 (-0.56%). Third Avenue Value Fund (2-17) 47.78 +0.14 (+0.29%). UMH Properties 10.43 -0.14 (-1.32%).

(Graphic credit: CNNMoney and RealTick)

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