After hearing that Fed Chairman Ben Bernanake told a Senate panel today risks to the economic recovery still exist, but did not rule out another stimulus action, the Dow Jones Industrial Average rallied from a dip down to 12,650 and closed at 12,805.54, gaining +78.33 points, +0.62 percent. CNNMoney says the Nasdaq rose +0.45% to 2,910.04, while the S&P gained 0.74% to 1,363.67. The Yahoo! Finance Manufactured Housing Composite rose +1.85% to close at 1,023.4. Housing stocks we track closed mixed or even. Nobility Homes advanced the most of stocks we track, gaining +8.05%, +0.37, to close at 5.82. Skyline Corp. dropped the most of tracked stocks, falling -3.04%, -0.15, to end the day at 4.79. Affiliated Managers Group 109.62 +0.33 (+0.30%). Cavco Industries 48.66 +0.01 (+0.02%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 127,655 +1,718.00 (+1.36%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 28.10 +0.21 (+0.75%). Equity Lifestyle Properties 72.60 +2.25(+3.20%). Louisiana Pacific Corp. 11.51 +0.19 (+1.68%). Patrick Industries, Inc. 14.32 +0.11 (+0.77%). Sun Communities 46.36 +0.25 (+0.54%). Third Avenue Value Fund (7-16) 44.79 -0.20 (-0.44%). United Forest Products, Inc. 39.94. +0.31 (+0.78%). UMH Properties 11.31 -0.20 (-0.74%).
