Greek Good News Lifts Dow; Drew Industries Gains as Well

CNNMoney tells U.S. markets moved up following the Greek government’s approval of an austerity package that will increase the government’s chance of more bailout money and thereby prevent default. The Dow Jones Industrial Average gained 72.81 points, +0.57 percent, to close at 12,874.04. The Nasdaq gained just under one percent to end the day at 2,931.39., while the S&P rose 0.68 percent to close at 1,351.77. The Yahoo! Finance Manufactured Housing Composite gained +0.78 percent to end the day at 968.4. Tracked housing stocks closed mixed. Drew Industries advanced the most of tracked stocks, gaining 8.21 percent, +2.18, to close at 28.72. Nobility Homes slid the most, falling -3.44 percent, -0.22, to close at 6.18. Affiliated Managers Group 106.38 +0.78 (+0.74%). Cavco Industries 52.84 +0.56 (+1.07%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 119,230 +1,250.00 (+1.06%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 28.72 +2.18 (+8.21%). Louisiana Pacific Corp. 8.12 +0.06 (+0.74%). Patrick Industries 5.86 +0.038 (+0.65%). Skyline Corporation 6.94 +0.07 (+1.02%). Sun Communities 40.82 +0.73 (+1.83%). Third Avenue Value Fund (2-10) 45.56 -0.44 (-0.96%). UMH Properties 10.63 +0.05 (+0.47%). Universal Forest Products, Inc. 32.91 +0.61 (+2.24%).

(Graphic credit:  CNNMoney and RealTick)

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