All but Two Housing Stocks Advance; Three Major Indexes Gain

Investors were betting the government shutdown would not last long, and, spurred by good news from Apple, the Nasdaq increased over one percent to rise above 3,800 for the first time since 2000. CNNMoney reports the Dow gained +62.03 points, +0.41 percent, to close at 15,191.70. Meanwhile, the Nasdaq moved up +1.23 percent, +46.50 points to end today’s trading at 3,817.98, while the S&P gained 0.80 percent, +13.45 points, to close at 1,695. The Yahoo! Finance Manufactured Housing Composite remained steady at 2061.4. Several housing stocks we track gained three digits in today’s trading; all gained except two stocks. Sun Communities, Inc gained the most, +3.87 percent, +1.65, to end the day at 44.27. Nobility Homes moved down the most of stocks we follow, -2.81 percent, -0.26, to finish at 8.99. Affiliated Managers Group 185.00 +2.36 (+1.29%). Cavco Industries 57.61 +0.66 (+1.16%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 171,028 +618.00 (+0.36%). Deer Valley remained unchanged at 0.65. Drew Industries, Inc. 46.97 +1.43 (+3.14%). Equity LifeStyle Properties 34.38 +0.21 (+0.61%). Liberty Homes remained unchanged at 0.60. Louisiana Pacific Corp. 18.16 +0.57 (+3.24%). Patrick Industries 30.57 +0.52 (+1.73%). Skyline Corp. 5.00 +0.04 (+0.81%). Third Avenue Value Fund (Sept. 30) 56.99 -0.40 (-0.70%). UMH Properties, Inc. 10.09 +0.16 (+1.61%). Universal Forest Products, Inc. 42.70 +0.71 (+1.69%).

(Graphic credit: CNNMoney and RealTick)

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