In anticipation of the Federal Reserve’s final meeting of the year and the question of when will the tapering of the stimulus being, investors drove the Dow up 129 points. CNNMoney reports the Dow Jones Industrial Average gained 129.21 points, +0.82 percent, to close at 15,884.57. The Nasdaq climbed +0.71 percent, +28.54 points, to finish the first day of the week at 4029.52, while the S&P advanced +11.22 points, +0.63 percent, to end the day at 1,786.54. The Yahoo! Finance Manufactured Housing Composite moved up +1.87 percent to close at 713.4. Housing stocks we track in today’s trading closed mixed or even, but Liberty Homes spiked the most of tracked stocks, moving up +14.00 percent, +0.0840 points, to close at 0.6840, while Universal Forest Products, Inc. nudged down the most of stocks we follow, -1.17%, -0.58, to end the day at 48.93. Affiliated Managers Group 203.86 +1.91 (+0.95%). Cavco Industries 62.46 +0.96 (+1.56%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 171,139 +39.00 (+0.02%). Deer Valley remained unchanged at 0.65. Drew Industries 53.27 +0.84 (+1.61%). Equity LifeStyle Properties 35.88 +0.41 (+0.62%). Louisiana Pacific Corp. 17.21 +0.20 (+1.18%). Nobility Homes 8.00 -0.10 (-1.23%). Patrick Industries 28.48 -0.30 (-1.04%). Skyline Corp. 4.75 +0.10 (+2.15%). Sun Communities 40.74 -0.02 (-0.05%). Third Avenue Value Fund (Dec. 13) remained unchanged at 57.42. UMH Properties 9.03 -0.10 (-1.10%).
