Upon the release of Federal Reserve minutes saying the quantitative easing will continue through mid 2013, investors roared their approval, pushing the Dow and S&P to close at new record highs. CNNMoney reports the Dow Jones Industrial Average advanced +0.88 percent, +128.78 points, to end the day at 14,802.24. The Nasdaq gained +1.83 percent, +59.39 points, to close at 3,297.25, while the S&P advanced +1.22 percent, +19.12points, to end the day at 1,587.73. The Yahoo! Finance Manufactured Housing Composite gained +1.13 percent to close at 1574.5. Excepting one stock, all housing stocks we track gained ground, or closed even. Patrick Industries gained the most of tracked stocks, +4.33 percent, +0.62 points, to end today’s session at 14.94. Louisiana Pacific Industries was the sole stock we cover that fell, dropping -2.53%, -0.52, to end the day at 20.00. Affiliated Managers Group 153.97 +2.96 (+1.96%). Cavco Industries 44.98 +0.28 (+0.63%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 159,400 +1,830.00 (+1.16%). Champion, Liberty Homes, Deer Valley and Palm Harbor continued unchanged. Drew Industries 36.25 +0.52 (+1.46%). Equity LifeStyle Properties 80.22 +0.14 (+0.17%). Nobility Homes 5.65 +0.15 (+2.73%). Skyline Corp. 4.89 +0.08 (+1.66%). Sun Communities, Inc. 48.34 +0.23 (+0.48%). Third Avenue Value Fund (April 9) 52.32 +0.32 (+0.62%). UMH Properties 10.88 +0.20 (+1.87%). Universal Forest Products, Inc. 37.23 +0.11 (+0.30%).
