All three indexes advanced on word that the Obama administration and Congress are close to a deal on raising the debt ceiling. CNNMoney reports the Dow gained +64.15 points, +0.42 percent, to close at 15,301.26. Meanwhile, the Nasdaq moved up +0.62 percent, +23.41 points to end today’s trading at 3,815.28, while the S&P advanced +0.41 percent, +6.94 points, to close at 1,710.14. The Yahoo! Finance Manufactured Housing Composite moved down 1.88 percent to close at 991.4. Housing stocks we track in today’s trading closed mixed or even, with Drew Industries gaining the most, up +0.99 percent, +0.48 to finish at 49.00. Skyline Corp. fell the most of stocks we follow, -5.18 percent, -0.24, to finish at 4.39, although Patrick Homes also dropped significantly in tracked stocks, -4.74 percent. Affiliated Managers Group 189.08 +0.39 (+0.21%). Cavco Industries 58.29 -0.29 (-0.49%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 174,200 +595.00 (+0.34%). Deer Valley remained unchanged at 0.65. Equity LifeStyle Properties 35.35 -0.17 (-0.48%). Liberty Homes remained unchanged at 0.60. Louisiana Pacific Corp. 17.92 +0.04 (+0.22%). Nobility Homes remained steady at 9.25. Patrick Industries, Inc. 28.56 -1.42 (-4.74%). Sun Communities, Inc. 42.80 +0.04 (+0.09%). Third Avenue Value Fund (Oct. 11) 57.60 +0.31 (+0.54%). UMH Properties, Inc. 10.00 -0.01 (-0.10%). Universal Forest Products, Inc. 42.38 +0.11 (+0.26%).
