Possible Deal to avoid Debt Crisis Lifts Stocks

Talk of a resolution of the gridlock in Washington was enough to spur the three major indexes to an over two percent gain each. CNNMoney reports the Dow spiked +323.29 points, +2.18 percent, to close at 15,126.07. Meanwhile, the Nasdaq advanced +2.26 percent, +82.97 points to end today’s trading at 3,760.75, while the S&P climbed +2.18 percent, +36.16 points, to close at 1,692.56. The Yahoo! Finance Manufactured Housing Composite gained 4.10 percent to close at 1000.4. All housing stocks we track in today’s trading gained or remained even, but Sun Communities, Inc. shone the most, +5.26 percent, +2.11, to end the day at 41.63. Affiliated Managers Group 187.36 +3.85 (+2.10%). Cavco Industries 55.29 +0.95 (+1.92%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 172,485 +4,280.00 (+2.54%). Deer Valley remained unchanged at 0.65. Drew Industries, Inc. 46.98 +1.12 (+2.44%). Equity LifeStyle Properties. 35.09 +1.09 (+3.21%). Liberty Homes remained unchanged at 0.60, and Louisiana Pacific Corp. remained unchanged at 16.98. Nobility Homes stayed at 9.06. Patrick Industries, Inc. 29.18 +0.73 (+2.54%). Skyline Corp. 4.71 +0.04 (+0.86%). Sun Communities, Inc. 42.35 +0.42 (+1.00%). Third Avenue Value Fund (Oct. 9) 56.52 +0.22 (+0.39%). UMH Properties, Inc. remained unchanged at 10.02.

(Graphic credit: CNNMoney and RealTick)

mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates

Scroll to Top