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Home > Business, News Item, Stocks > Falling U.S. Market Pulls MH Stocks Down

Falling U.S. Market Pulls MH Stocks Down

June 13th, 2012 Matthew Silver

All three indexes lost under one percent as investors sold off near the end of the trading day, worrying about the continuing debt crisis in Europe and falling oil prices. CNNMoney tells us the Dow Jones Industrial Average lost -77.42 points, -0.62%, to close at 12,496.38. The Nasdaq fell -0.86 percent to 2,818.61, while the S&P moved down -0.70 percent to 1,314.88. The Yahoo! Finance Manufactured Housing Composite lost -2.25 percent to close at 1,002.0. Housing stocks we track all closed down or even except for Third Avenue Value Fund which gained  +1.18 %, +0.50, to close at 42.87 (6-12). Nobility Homes fell the most of tracked stocks, losing -5.43%, -0.348, to close at 6.06. Affiliated Managers Group 101.35 -1.17 (-1.14%). Cavco Industries 46.26 -1.99 (-4.12%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 120,855 -885.00 (-0.73%). Champion, Liberty Homes, Deer Valley, and Palm Harbor all remained unchanged. Drew Industries 27.01 -0.26 (-0.95%). Equity Lifestyle Properties 67.87 -0.01 (-0.01%). Louisiana Pacific Corp. 9.39 -0.28 (-2.90%). Skyline Corp. was unchanged at 4.26. Sun Communities 41.01 -0.39 (-0.94%). United Forest Products, Inc. 37.94 -0.08 (-0.62%). UMH Properties 10.06 -0.14 (-1.37%).

(Graphic credit: CNNMoney and RealTick)

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