A sell off on Wall Street in response to President Obama’s victory amid concerns about the fiscal cliff he faces led to stocks spiraling down, as the three indexes dropped nearly two-and-a-half percent. CNNMoney reports the Dow Jones Industrial Average lost -2.36 percent, dropping 312.95 points, to close below 13,000 for the first time in two months, at 12,932.72. The Nasdaq moved down -2.48 percent, -74.64 points to close at 2,937.29, while the S&P lost -2.37 percent, -33.86 points to close at 1,394.53. The Yahoo! Finance Manufactured Housing Composite lost -3.94 percent to close at 1142.6. Most housing stocks we track closed down or even. Louisiana Pacific Corp. gained the most of tracked stocks, advancing +1.78%, +0.28, to end the day at 15.98. Affiliated Managers fell the most of tracked stocks, -3.02%, -3.88, to end at 124.62. Cavco Industries 47.15 -1.11 (-2.23%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 128,359 -2,314 (-1.77%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 32.07 -0.86 (-2.61%). Equity LifeStyle Properties 68.02 +0.01 (+0.01%). Nobility Homes 5.35 -0.15 (-2.73%). Patrick Industries 19.16 -0.18 (-0.93%). Skyline Corp. 4.30 -0.05 (-1.15%). Sun Communities, Inc. 41.49 -0.63 (-1.50%). Third Avenue Value Fund (Nov. 6) 49.20 +0.22 (+0.45%). United Forest Products, Inc. 37.86 -0.32 (-0.84%). UMH 10.18 -0.27 (-2.58%).
