With news from the Federal Reserve that interest rates will probably remain stable through the end of 2014, investors reacted by driving the S&P Index to a new record high and the Nasdaq to its highest level in 14 years, as CNNMoney informs MHProNews.com. The Dow Jones Industrial Average gained 98.13 points, +0.58 percent, to end the day at 16,906.62. The Nasdaq moved up +25.61 points, +0.59 percent, to end at 4,362.84, while the S&P hit a new all time high, +14.99 points, +0.77 percent, to close at 1,956.98. The Yahoo! Finance Manufactured Housing Composite edged up +2.67 percent to close at 786.1. Most tracked stocks we cover closed up or even, with Skyline Corp. advancing the most, +3.41 percent, +0.136 points, to close at 4.13. Louisiana Pacific Industries fell the most of stocks we follow, -0.33 points, -2.21 percent, to close at 14.60. Affiliated Managers Group 202.87 -0.72 (-0.35%). Cavco Industries Inc. 79.27 +1.67 (+2.15%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 190,675 +1,685.00 (+0.89%). Deer Valley Corp. remained at 0.66. Drew Industries, Inc. 49.55 +0.04 (+0.08%). Equity LifeStyle Properties 43.83 +0.32 (+0.75%). Liberty Homes remained unchanged at 0.80. Nobility Homes remained steady at 11.50. Patrick Industries, Inc. 40.99 +0.93 (+2.40%). Sun Communities, Inc. 50.42 +0.71 (+1.43%). Third Avenue Value Fund (June 17) 60.96 +0.21 (+0.35%). UMH Properties, Inc. 9.84 +0.02 (+0.20%). Universal Forest Products, Inc. 48.00 -0.44 (-0.93%). ##

(Graphic credit: CNNMoney and RealTick)