Nobility Drops Crown, Sun Rises, Dow Gains

CNNMoney reports investors, buoyed by European Central Bank President Mario Draghi’s remarks that the bank would provide more cash to deal with problems, especially Greece’s ongoing crisis, grew optimistic, pushing U.S. stocks higher as all three indexes gained. The Dow Jones Industrial Average gained +114.28 points, +0.90%, to end the week at 12,766.19. The Nasdaq rose +1.29 percent to 2,872.80, while the S&P gained +1.03 percent to 1,342.84. The Yahoo! Finance Manufactured Housing Composite fell -1.64 percent to close at 1,011.3. Housing stocks we track closed mixed, or even. Sun Communities gained the most of stocks we follow, adding +2.09%, +0.88, to close at 42.99. Nobility Homes dropped the most, plunging downward -12.55%, – 0.90, to close at 6.24. Affiliated Managers Group 104.03 +1.54 (+1.50%). Cavco Industries 47.41 -0.53 (-1.11%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 123,625 +1025.00 (+0.83%). Champion, Liberty Homes, Deer Valley, and Palm Harbor all remained unchanged. Drew Industries 27.57 +0.37 (+1.36%). Equity Lifestyle Properties 68.82 +0.11 (+0.16%). Louisiana Pacific Corp. 9.81 +0.13 (+1.34%). Skyline Corp. 4.22 -0.17 (-3.87%). Third Avenue Value Fund (6-14) 42.80 +0.10 (+0.23%). United Forest Products, Inc. 38.34 -0.32 (-0.83%). UMH Properties 10.01 -0.06 (-0.60%).

(Graphic credit: CNNMoney and RealTick)

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