As the Labor Dept. reported first-time unemployment claims dropped to a five-year low, the S&P rose above 1,700 for the first time ever and the Dow rose to an all new high. CNNMoney reports the Dow Jones Industrial Average gained 128.48 points, +0.83 percent, to close at 15,628.02. The Nasdaq rose 1.36 percent, +49.37 points to end the day at 3,675.74, while the S&P settled in a new high at 1,706.87, gaining 1.25 percent, +21.14 points. The Yahoo! Finance Manufactured Housing Composite fell -1.57 percent to close at 983.5. Housing stocks we follow closed mixed or even, although Skyline Corp. posted the biggest gain of tracked stocks, +5.73 percent, +0.28 points, to end the first day of trading this month at 5.17. Nobility Homes dropped the most of stocks we follow, falling -5.56 percent, -0.50, to end the day at 8.50. Affiliated Managers Group 185.58 +5.23 (+2.90%). Cavco Industries 55.76 +0.79 (+1.43%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 175,700 +1,800.00 (+1.04%). Deer Valley was unchanged at 0.64. Drew Industries 40.85 +0.02 (+0.05%). Equity LifeStyle Properties 38.31 -0.18 (-0.48%). Liberty Homes remained steady at 0.60. Louisiana Pacific Industries 16.79 +0.53 (+3.27%). Palm Harbor Homes remained unchanged. Patrick Industries 24.51 -0.40 (-1.61%). Sun Communities, Inc. 48.61 +0.19 (+0.39%). Third Avenue Value Fund (July 31) 56.00 +0.03 (+0.05%). UMH Properties, Inc. 10.88 -0.05 (-0.46%). Universal Forest Products, Inc. 41.22 -0.03 (-0.07%).
