Three Major Indexes Rally; Tracked Housing Stocks Close Mixed

As a military strike against Syria wanes and China reports an uptick of 10.4 percent in industrial output in August, investors grinned as all three major indexes rallied again today. CNNMoney reports the Dow gained 127.94 points, +0.85 percent, to close at 15,191.06. The Nasdaq advanced +0.62 percent, +22.84 points to end the day at 3,729.02, while the S&P moved up +0.73 percent, +12.28 points, to end the day at 1,683.99. The Yahoo! Finance Manufactured Housing Composite gained +2.35 percent to end today’s session at 1863.1. Housing stocks we track closed mixed, or even. Affiliated Managers Group posted the largest gain of tracked stocks, +1.85 percent, +3.33, to end the day at 183.31. Cavco Industries, Inc. fell the most of stocks we track, dropping -1.96 percent, -1.12, to end at 56.10. Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 170,489 +1,609.00 (+0.95%). Deer Valley remained unchanged at 0.65. Drew Industries, Inc. 42.28 +0.28 (+0.67%). Equity LifeStyle Properties 35.37 +0.11 (+0.31%). Liberty Homes remained unchanged at 0.60. Louisiana Pacific Corp. 16.75 -0.14 (-0.83%). Nobility Homes remained at 8.35. Patrick Industries 28.80 +0.35 (+1.23%). Skyline Corp. 4.64 -0.08 (-1.69%). Sun Communities, Inc. 44.78 -0.28 (-0.62%). Third Avenue Value Fund (Sept. 9) 56.76 +0.50 (+0.89%). UMH Properties, Inc. 9.62 -0.02 (-0.21%). Universal Forest Products, Inc. 40.96 -0.05 (-0.11%).

(Graphic credit: CNNMoney and RealTick)

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