Sun Rises Nicely; Three Major Indexes Nudge Up

U. S. stocks responded to hopes that Cyprus will resolve its banking problem, as the three major indexes all inched upwards to end the week. CNNMoney reports the Dow Jones Industrial Average gained +0.63 percent, +90.54 points, to close at 14,512.03. The Nasdaq moved up 0.70 percent, 22.40 points, to close at 3,245.00, while the S&P advanced +0.72 percent, +11.09 points, to end the day at 1,556.89. The Yahoo! Finance Manufactured Housing Composite fell -0.01 percent to close at 1578.5. Housing stocks we track closed mixed or even. Sun Communities, Inc. moved up the most of tracked stocks, gaining +3.25 percent, +1.50 points, to end today’s session at 47.68. Third Avenue Value Fund (March21) fell the most of stocks we follow, dropping -0.46 percent, -0.24, to end the day at 52.03. Affiliated Managers Group 151.49 +1.05 (+0.70%). Cavco Industries 47.97 -0.13 (-0.27%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 153,741 +741.00 (+0.48%). Champion, Liberty Homes, Deer Valley and Palm Harbor continued unchanged. Drew Industries remained unchanged at 36.51 for a second consecutive day. Equity LifeStyle Properties 74.63 -0.13 (-0.17%). Louisiana Pacific Industries 21.94 -0.07 (-0.32%). Nobility Homes remained unchanged at 5.40. Patrick Industries 14.64 +0.12 (+0.83%). Skyline Corp. 5.11 +0.13 (+2.61%). Universal Forest Products, Inc. 40.49 +0.13 (+0.25%). UMH 10.32 +0.13 (+1.28%).

(Graphic credit: CNNMoney and RealTick)

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