Three Major Indexes Gain; Tracked Housing Stocks Mixed | Daily ...

Investors were heartened by analysts expecting corporate earnings to grow 3.2 percent in Q4 2012 versus last year, as the three major indexes posted positive results for the day. CNNMoney reports the Dow Jones Industrial Average nudged up +0.46 percent, + 61.66 points, to end the day at 13,390.51. The Nasdaq gained +0.45 percent, +14.00 points, to close at 3.105. 81, while the S&P advanced +0.27 percent, +3.87 points, to close at 1,461.02. The Yahoo! Finance Manufactured Housing Composite gained +1.68 percent to close at 1267.6. Housing stocks we track closed mixed or even. Sun Communities, Inc. gained the most of stocks we track, moving up +1.37 percent, +0.56, to end the day at 41.46. Nobility Homes lost the most of tracked stocks, falling -5.26%, -0.25 to 4.50. Affiliated Managers Group 138.20 +1.05 (+0.89%). Cavco Industries, Inc. 49.55 +0.25 (+0.51%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 140,000 -1,000. (-0.71%). Champion, Liberty Homes, Deer Valley and Palm Harbor continued unchanged. Drew Industries 33.51 +0.11 (+0.33%). Equity LifeStyle Properties 70.07 +0.66 (+0.95%). Louisiana Pacific Industries 21.12 +0.17 (+0.76%). Patrick Industries 16.68 +0.18 (+1.09%). Skyline Corp. 4.29 +0.02 (+0.47%). Third Avenue Value Fund (Jan. 50.86 -0.28 (-0.55%). Universal Forest Products, Inc. 40.01 +0.06 (+0.15%). UMH 10.88 -0.02 (-0.18%).

(Graphic credit: CNNMoney and RealTick)

Source: http://www.mhmarketingsalesmanagement.com/blogs/daily-business-news/three-major-indexes-gain-tracked-housing-stocks-mixed/

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