Investors reacted to a letter from Federal Reserve Chairman Bernanke stating there is more room for stimulus to help the economic recovery, pushing all three indexes up, although they still lost ground for the week overall. CNNMoney reports the Dow Jones Industrial Average gained +100.51 points, +0.77%, to end the week at 13,157.97. The Nasdaq moved up 0.54 percent to 3,069.79, while the S&P rose +0.65 percent to 1,411.13. The Yahoo! Finance Manufactured Housing Composite gained +1.37 percent to close at 996.7. Housing stocks we follow closed mixed or even, although Nobility Homes gained well, moving up +8.37%, +0.37, to end the day at 4.79. UMH Properties fell the most of tracked stocks, dropping -0.53%, -0.06, to close at 11.24. Affiliated Managers Group 118.58 +0.92 (+0.78%). Cavco Industries 44.87 -0.05 (-0.11%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 128,225 +425.00 (+0.33%). Drew Industries 28.84 +0.08 (+0.28%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Equity Lifestyle Properties 68.26 -0.06 (-0.09%). Louisiana Pacific Corp. 13.55 +0.39 (+2.96%). Patrick Industries 12.79 -0.04 (-0.31%). Skyline Corp. 4.82 +0.07 (+1.47%). Sun Communities 45.90 +0.11 (+0.24%). Third Avenue Value Fund (8-23) 47.23 +0.16 (+0.34%). Universal Forest Products Inc. 36.70 -0.23 (-0.62%).
