The Federal Reserve reiterated its plan to continue buying $85 billion in Treasuries and mortgage-backed securities monthly until the job market improves, moving the three indexes into positive territory on hump day. CNNMoney reports the Dow Jones Industrial Average gained +0.39 percent, +55.91 points, to close at 14,511.73. The Nasdaq rose +0.78 percent, +25.09 points, to close at 3,254.19, while the S&P moved up +0.67 percent, +10.37 points, to end the day at 1,558.71. The Yahoo! Finance Manufactured Housing Composite advanced 1.00 percent to close at 1600.9. Housing stocks we track closed mixed or even, although many gained in today’s trading. Louisiana Pacific Industries moved up the most of tracked stocks, gaining 2.79 percent, +0.60 points, to end today’s session at 22.14. Sun Communities, Inc. fell the most of stocks we follow, dropping -0.58% -0.27, to end the day at 46.36. Affiliated Managers Group 153.95 +2.09 (+1.38%). Cavco Industries 48.12 +0.37 (+0.78%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 153,397 +826.00 (+0.54%). Champion, Liberty Homes, Deer Valley and Palm Harbor continued unchanged. Drew Industries 36.51 -0.04 (-0.11%). Equity LifeStyle Properties 74.80 +0.16 (+0.21%). Nobility Homes remained at 5.30. Patrick Industries 14.19 +0.10 (+0.71). Skyline Corp. 4.62 +0.09 (+1.99%). Third Avenue Value Fund (March 19) 52.06 +0.15 (+0.29%). Universal Forest Products, Inc. 41.12 +0.37 (+0.90%). UMH 10.12 +0.03 (+0.30%).
(Graphic credit: CNNMoney and RealTick)