Federal Reserve Chairwoman Janet Yellen’s testimony before the Senate Banking Committee gave a slight boost to investors, as the S&P closed at a new high, and the other two major indices advanced. CNNMoney reports the Dow moved up +74.24 points, +0.46 percent, to end the day at 16,272.65. The Nasdaq nudged +26.87 points, +0.63 percent, to finish at 4,318.93, while the S&P rose +9.13 points, +0.49 percent, closing at 1,854.29, a record high. The Yahoo! Finance Manufactured Housing Composite gained +1.32 percent to close at 776.77. Housing stocks we track in today’s trading closed modestly mixed or even, but Louisiana Pacific Industries nudged up the most, +1.36 percent, +0.25, to close at 18.67, while Liberty Homes dropped precipitously -23.81 percent, -0.25 points, to finish at 0.80. Affiliated Managers Group 187.39 +0.54 (+0.29%). Cavco Industries, Inc. 78.68 +0.24 (+0.31%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 171,730 +1,257.00 (+0.74%). Deer Valley remained unchanged at 0.75. Drew Industries 49.30 +0.04 (+0.08%). Equity LifeStyle Properties 40.00 +0.01 (+0.03%). Nobility Homes remained unchanged at 11.50. Patrick Industries 42.21 -0.27 (-0.64%). Skyline Corp. 5.88 -0.12 (-2.00%). Sun Communities, Inc. 45.95 -0.07 (-0.15%). Third Avenue Value Fund (Feb. 26) 56.22 -0.16 (-0.28%). UMH Properties 9.25 -0.14 (-1.49%). Universal Forest Products, Inc. 55.30 -0.11 (-0.20%). ##
(Graphic credit: CNNMoney and RealTick)