The S&P rose to a new record high and the Dow Jones Industrial Average gained over 100 points as investors expressed new confidence in the economy and corporate earnings. CNNMoney reports the Dow advanced +103.84 points, +0.64 percent, to end the day at 16,207.14. The Nasdaq moved up +29.56 points, +0.69 percent, to finish at 4,292.07, while the S&P rose +11.36 points, +0.62 percent, to set a new record at 1,847.61. The Yahoo! Finance Manufactured Housing Composite gained +2.02 percent to close at 752.63. Housing stocks we track in today’s trading closed mixed or even, but Liberty Homes skyrocketed + 43.84 percent, +0.32 points, to close at 1.05, while Skyline Corp. dropped -4.77 percent, -0.295 points, to finish at 5.89. Affiliated Managers Group 190.01 +3.80 (+2.04%). Cavco Industries, Inc. 76.52 +1.36 (+1.82%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 170,006 -114.00 (-0.07%). Deer Valley remained unchanged at 0.75. Drew Industries 48.79 -0.40 (-0.81%). Equity LifeStyle Properties 39.92 +0.02 (+0.05%). Louisiana Pacific Industries 17.85 -0.05 (-0.28%). Nobility Homes 11.00 -0.50 (-4.35%). Patrick Industries 42.42 -1.40 (-3.02%). Sun Communities, Inc. 45.30 -0.63 (-1.37%). Third Avenue Value Fund (Feb. 21) 56.31 +0.31 (+0.55%). UMH Properties 9.40 -0.01 (-0.11%). Universal Forest Products, Inc. 54.57 +1.32 (+2.35%). ##
(Graphic credit: CNNMoney and RealTick)
