Stocks surged as fears eased over the likelihood of armed conflict between Russia and the Ukraine, sending the Dow Jones Industrial Average climbing over 225 points. CNNMoney reports the Dow spiked +227.85 points, +1.41 percent, to end the day at 16,395.88. The Nasdaq gained +74.67 points, +1.75 percent, to finish at 4,351.97, while the S&P advanced +28.18 points, +1.53 percent, to 1,873.91. The Yahoo! Finance Manufactured Housing Composite gained +4.47 percent to close at 807.82. Most all housing stocks we track in today’s trading closed up or even, with Drew Industries leading the charge, gaining +3.48 percent, +1.70 points, to end the day at 50.56, while Skyline Corp. fell the most of stocks we follow, -1.38 percent, -0.08 points, to settle at 5.62. Affiliated Managers Group 193.62 +6.12 (+3.26%). Cavco Industries, Inc. 81.24 +2.53 (+3.21%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 178,314 +3,814.00 (+2.18%). Deer Valley remained unchanged at 0.75. Equity LifeStyle Properties 40.75 +0.30 (+0.74%). Liberty Homes remained steady at 0.80. Louisiana Pacific Industries 18.64 +0.32 (+1.75%). Nobility Homes remained unchanged at 11.00. Patrick Industries 42.07 +0.09 (+0.22%). Sun Communities, Inc. 46.80 +1.23 (+2.70%). Third Avenue Value Fund (Mar. 3) 56.17 -0.39 (-0.69%). UMH Properties 9.48 +0.22 +(2.38%). Universal Forest Products, Inc. 57.15 +1.87 (+3.38%). ##
