Stocks Gain Second Consecutive Day; S&P Hits New High

Although investors continue their angst about corporate returns for Q4 2012, the three major indexes ended the day in positive territory, with the S&P hitting a new five-year high. CNNMoney reports the Dow Jones Industrial Average nudged up +0.57 percent, + 76.29 points, to end the day at 13,466.80. The Nasdaq gained +0.51 percent, +15.95 points, to close at 3.121.76, while the S&P advanced +0.70 percent, +10.23 points, to close at 1,471.25. The Yahoo! Finance Manufactured Housing Composite gained +0.47 percent to close at 1273.5. Housing stocks we track closed mixed or even. Nobility Homes gained the most of stocks we track, moving up +3.33 percent, +0.15, to end the day at 4.65. UMH lost the most of tracked stocks, falling -4.78%, -0.52 to 10.36. Affiliated Managers Group 138.75 +0.60 (+0.43%). Cavco Industries, Inc. 49.91 +0.36 (+0.73%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 141,768 +1,768. (+1.26%). Champion, Liberty Homes, Deer Valley and Palm Harbor continued unchanged. Drew Industries 33.39 -0.11 (-0.33%). Equity LifeStyle Properties 70.27 +0.20 (+0.29%). Louisiana Pacific Industries 20.71 -0.32 (-1.52%). Patrick Industries 16.75 +0.07 (+0.42%). Skyline Corp. 4.25 -0.04 (-0.93%). Sun Communities, Inc. 41.58 +0.12 (+0.29%). Third Avenue Value Fund (Jan. 9) 51.20 +0.34 (+0.67%). Universal Forest Products, Inc. 40.10 +0.09 (+0.22%).

(Graphic credit: CNNMoney and RealTick)

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