No Tracked Housing Stocks Fall as Dow and S&P Set Records

Positive sentiment about the progress of the economy plus good financial news from some of the top banks pushed the Dow and the S&P to all new record highs today. CNNMoney reports the Dow Jones Industrial Average advanced +0.82 percent, +123.57 points, to close at 15,215.25. The Nasdaq gained +0.69 percent, +23.82 points, to finish at 3,462.61, while the S&P moved up +1.01 percent, +16.57 points, to set a new high at 1650.34. The Yahoo! Finance Manufactured Housing Composite gained +1.94 percent to close at 1039.0. All stocks we track closed up or even, with Cavco Industries, Inc. leading the charge, gaining +3.72 percent, +1.77, to close at 49.38. Affiliated Managers Group 164.71 +3.67 (+2.28%). Cavco Industries, Inc. 49.38 +1.77 (+3.72%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 169,267 +1,887.00 (+1.13%). Champion, Liberty Homes and Palm Harbor continued unchanged. Deer Valley remained at 0.80. Drew Industries 36.80 +0.12 (+0.33%). Equity LifeStyle Properties, Inc. 83.65 +0.25 (+0.30%). Louisiana Pacific Industries 19.74 +0.28 (+1.44%). Nobility Homes remained unchanged at 6.75. Patrick Industries 21.87 +0.55 (+2.58%). Skyline Corp. 4.73 +0.03 (+0.64%). Sun Communities, Inc. 54.43 +0.78 (+1.45%). Third Avenue Value Fund (May 13) 55.70 +0.15 (+0.27%). UMH Properties, Inc. 11.06 +0.04. (+0.36%). Universal Forest Products, Inc. 38.88 +0.89 (+2.34%).

(Graphic credit: CNNMoney and RealTick)

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