Three Major Indexes, Most Housing Stocks Post Gains

Government officials’ comments on fiscal cliff negotiations pleased investors as the Dow moved up over 100 points. CNNMoney reports the Dow Jones Industrial Average gained +0.83 percent, +106.98 points, ending the day at 12,985.11. The Nasdaq moved up +0.81 percent, +23.99 points, to close at 2,991.78, while the S&P advanced +0.79 percent, +10.99 points, to close at 1,409.93. The Yahoo! Finance Manufactured Housing Composite moved up +1.67 percent to close at 1197. Most housing stocks we track closed up or even, but gains were minimal. Cavco Industries gained the most of tracked stocks, +2.51%, +1.23, to close at 50.19. Universal forest Products, Inc. fell the most of tracked stocks, losing -2.55%, -0.96, to close at 36.80. Affiliated Managers 128.28 +0.47 (+0.37%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 132,291 +287.00 (+0.22%). Champion, Liberty Homes, and Palm Harbor all remained unchanged. Deer Valley 0.69 -0.01 (-2.00%). Drew Industries 32.70 +0.04 (+0.12%). Equity LifeStyle Properties 65.07 +0.40 (+0.62%). Louisiana Pacific Industries 17.25 +0.22 (+1.29%). Nobility Homes remained unchanged at 5.20. Patrick Industries 16.98 -0.09 (-0.31%). Skyline Corp. 3.98 +0.06 (+1.53%). Sun Communities 38.29 +0.17 (+0.45%). Third Avenue Value Fund (Nov. 27) 48.56 -0.07 (-0.14%). UMH 10.11 +0.10 (+1.00%).

(Graphic credit: CNNMoney and RealTick)

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