Most Housing Stocks Advance as Dow Extends Run

The unexpected drop in first-time jobless claims combined with recent reports of a falling unemployment rate kept the Dow going as it experienced ten consecutive days of gains, the best run up since 1996. CNNMoney reports the Dow Jones Industrial Average added +0.58 percent, +83.86 points, to close at 14,539.14. The Nasdaq gained +0.43 percent, +13.81 points, to close at 3,258.93, while the S&P moved up +0.56 percent, +8.31 points, to end the day at 1,563.23. The Yahoo! Finance Manufactured Housing Composite rose 2.00 percent to close at 1530.5 Most housing stocks we track closed up or even. Cavco Industries gained the most of tracked stocks, advancing +3.60 percent, +1.70 points, to end the day at 48.92. Patrick Industries fell the most of stocks we track, nudging down -0.04 points, -0.28%, to close at 14.24. Affiliated Managers Group 155.18 +0.69 (+0.45%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 156,000 +569.00 (+0.37%). Champion, Liberty Homes, Deer Valley and Palm Harbor continued unchanged. Drew Industries 37.51 +0.84 (+2.29%). Equity LifeStyle Properties 75.38 +0.94 (+1.26%). Louisiana Pacific Corp. 21.90 +0.34(+1.58%). Nobility Homes remained unchanged at 5.40. Skyline Corp. 4.89 +0.07 (+1.45%). Sun Communities Inc. 46.50 +0.93 (+2.04%). Third Avenue Value Fund (March 13) 52.56 -0.13 (-0.25%). Universal Forest Products, Inc. 41.11 +0.87 (+2.16%). UMH 10.11 +0.03 (+0.30%).

(Graphic credit: CNNMoney and RealTick)

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