Indexes Nudge up; Housing Stocks Close Mixed, Little Change

Buoyed by anticipation that the Federal Reserve will continue its stimulus program when it has its final meeting of the year, investors pushed the U.S. stocks higher, as all three major indexes closed up for the day. CNNMoney reports the Dow Jones Industrial Average gained +0.60 percent, +78.56 points, ending the day at 13,248.44. The Nasdaq moved up +1.18 percent, +35.34 points, to close at 3,022.30, while the S&P nudged up +0.65 percent, +9.29 points, to close at 1,427.84. The Yahoo! Finance Manufactured Housing Composite lost -0.85 percent to close at 1202. Housing stocks we follow moved modestly up or down, similar to yesterday, or closed even. Drew Industries gained the most of tracked stocks, +1.52 percent, +0.46, to end the day at 30.78. Universal Forest Products, Inc. fell the most of tracked stocks, -2.23 percent, -0.82, to close at 35.92. Affiliated Managers Group 129.09 +1.43 (+1.12%). Cavco Industries 49.84 +0.48 (+0.57%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 130,831 +43. (+0.03%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Equity LifeStyle Properties 66.61 -0.71 (-1.05%). Louisiana Pacific Industries 17.67 +0.08 (+0.45%). Nobility Homes remained at 5.35. Patrick Industries, Inc. 15.35 -0.01 (-0.07%). Skyline Corp. 3.93 +-0.07 (-1.75%). Sun Communities, Inc. 39.78 +0.15 (+0.38%). Third Avenue Value Fund (Dec. 10) 49.78 +0.03 (+0.06%). UMH 10.15 +0.06 (+0.59%).

(Graphic credit: CNNMoney and RealTick)

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