LA Pacific, Housing Composite Move Up; Three Indexes Gain

Sunday’s election in Greece that put a pro-bailout party into office gave investors room to breathe. Now the hope is a stimulus package will emerge from the current Federal Reserve meeting. CNNMoney says those two hopes fed U.S. stocks, as the Dow Jones Industrial Average gained +95.51 points, +0.75%, to close at 12,837.33. The Nasdaq rose +1.19 percent to 2,929.76, while the S&P gained +0.98 percent to 1,357.98. The Yahoo! Finance Manufactured Housing Composite rose +3.17 percent to close at 1,043.00. Housing stocks we track closed mixed or even. Louisiana Pacific Corp. gained the most of stocks we follow, adding +6.89%, +0.69, to close at 10.70. Patrick Industries lost the most of tracked stocks, closing down -0.56%, -0.20, to end the day at 13.94. Affiliated Managers Group 106.59 +2.80 (+2.70%). Cavco Industries 49.55 +2.53 (+5.36%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 124,440 +1165.00 (+0.94%). Champion, Liberty Homes, Deer Valley, and Palm Harbor all remained unchanged. Drew Industries 27.46 +0.23 (+0.84%). Equity Lifestyle Properties 68.69 -0.04 (-0.06%). Nobility Homes 6.50 0.2999 (+4.84%). Skyline Corp. 4.49 +0.02 (+0.45%). Sun Communities 43.53 +0.47 (+1.09%). Third Avenue Value Fund (6-18) 43.72 +0.35 (+0.81%). United Forest Products, Inc. 38.52 +0.47 (+1.24%). UMH Properties 10.03 -0.05 (-0.50%).

(Graphic credit: CNNMoney and RealTick)

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