Hopes that Spain’s banking system will be bailed out by central banks in Europe led to the best week of the year for U.S. stocks as all three indexes registered gains. CNNMoney tells us the Dow Jones Industrial Average gained +93.01 points, +0.75%, to close at 12,554.20. The Nasdaq rose +0.97 percent to 2,858.42, while the S&P gained +0.81 percent to 1,325.60. The Yahoo! Finance Manufactured Housing Composite rose +1.31 percent to close at 1,026.90. Housing stocks we track all closed on the positive side, or even. Cavco Industries gained the most of stocks we follow, adding +3.37%, +1.59, to close at 48.79. Affiliated Managers Group 103.76 +0.53 (+0.51%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 122,000 +825.00 (+0.68%). Champion, Liberty Homes, Deer Valley, and Palm Harbor all remained unchanged. Drew Industries 27.45 +0.52 (+1.93%). Equity Lifestyle Properties 68.42 +0.70 (+1.03%). Louisiana Pacific Corp. 9.57 +0.20 (+2.13%). Nobility Homes remained unchanged at 6.35. Skyline Corp. 4.36 +0.01 (+0.23%). Sun Communities 41.91 +0.66 (+1.60%). Third Avenue Value Fund (6-07) 42.46 +0.06 (+0.14%). United Forest Products, Inc. 37.99 +0.61 (+1.63%). UMH Properties 10.39 +0.10 (+0.97%).
