Dow Plunges, MH Composite Advances, Skyline Falls Back

stock_report_Oct_1The fear among investors may have hit a fever pitch because of ebola, ISIS, Europe’s economy, or protests in Hong Kong, as more stocks have hit 52-week lows as opposed to 52-week highs. It may be the “correction” that some analysts and pundits have bandied about recently. As CNNMoney informs MHProNews, investors are fleeing stocks for bonds. In any case, the Dow Jones Industrial Average plunged -238.19 points, -1.40 percent, to land at 16,804.71, while the Nasdaq lost -71.30 points, -1.59 percent to close at 4,422.09. The S&P 500 fell -26.31 points, -1.32 percent to finish at 1,946.16. Meanwhile, the Manufactured Housing Composite gained +0.86 percent, closing at 563.3, and stocks we track closed mixed or even. Sun Communities, Inc. (SUI) nudged up the most of stocks we follow, +1.13 percent, +0.57 points, to close at $51.07. Skyline Corp., which gained +11.02 percent yesterday, fell the most of tracked stocks, losing -4.36 percent, -0.18 points, closing at $3.95 as it continues to deal with suitors. Affiliated Managers Group $195.40 -4.96 (-2.48%). Berkshire Hathaway (BRKA) –parent company to Clayton Homes, 21st, Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $204,855 -2,045.00 (-0.99%). Cavco Industries Inc. $68.16 +0.16 (+0.24%). Deer Valley Corp. $0.65 0.00 (0.00%). Drew Industries, Inc. 42.22 +0.03 (+0.07%). Equity LifeStyle Properties (ELS) $42.75 +0.40 (+0.92%). Killam Properties (KMP.TO) $10.27 -0.08 (-0.77%). Liberty Homes $1.00 0.00 (0.00%). Louisiana Pacific Corp. (LPX) $13.35 -0.24 (-1.77%). Nobility Homes (NOBH) $10.50 0.00 (0.00%). Patrick Industries 41.95 -0.41 (-0.97%).Third Avenue Value Fund (TAVFX) (Sept. 30) $59.99 -0.31 (-0.51%). UMH Properties, Inc. (UMH) $9.49 -0.01 (-0.11%). Universal Forest Products, Inc (UFPI) 42.40 -0.31 (-0.73%). ##

(Graphic credit: CNNMoney and RealTick)

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