Three Major Indexes Rise; Tracked Housing Stocks End the Week Mixed

U. S. stocks responded positively to the growth in the jobs market, despite concerns the Federal Reserve may slim down its monthly stimulus, as the Dow gained nearly 150 points. CNNMoney reports the Dow Jones Industrial Average advanced +147.29 points, +0.98 percent, to close at 15,135.84. The Nasdaq rose +1.04 percent, +35.71 points, to end the day at 3,479.38, while the S&P gained +1.02 percent, +16.48 points, to close at 1,631.89. The Yahoo! Finance Manufactured Housing Composite rose +0.23 percent to close at 1141.9. Housing stocks we follow closed mixed or even, with Patrick Industries notching the biggest gain of tracked stocks, +2.88 percent, +0.61 points, to finish the week at 21.76. Skyline Corp. fell the most of stocks we track in today’s trading, falling -0.08 points, -2.00 percent, to close at 3.92. Affiliated Managers Group 165.49 +3.49 (+2.16%). Cavco Industries 50.69 -0.90 (-1.74%). Champion, Liberty Homes and Palm Harbor continued unchanged. Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 172,201 +3,225.00 (+1.91%). Deer Valley remained unchanged at 0.64. Drew Industries, Inc. 40.66 +0.98 (+2.48%). Equity LifeStyle Properties 81.26 +0.32 (+0.40%). Louisiana Pacific Industries 15.22 +0.09 (+0.60%). Nobility Homes 7.28 +0.18 (+2.54%). Sun Communities, Inc. 51.36 +0.37 (+0.73%). Third Avenue Value Fund (July 3) 53.70 -0.23 (-0.43%). UMH Properties, Inc. 10.67 +0.12 (+1.14%). Universal Forest Products, Inc. 40.13 -0.14 (-0.35%).

(Graphic credit: CNNMoney and RealTick)

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