Stocks took a tumble following Janet Yellen’s first meeting of the Federal Reserve after she said the Fed’s stimulus program would likely end by the fall, and a hike in interest rates may arrive next year. The Dow Jones Industrial Average slumped, falling -114.02 points, -0.70 percent, to end the day at 16,222.17, according to CNNMoney. The Nasdaq dropped -25.71 points, -0.59 percent, to finish at 4,307.60, while the S&P fell -11.48 points, -0.61 percent, to close at 1,860.77. The Yahoo! Finance Manufactured Housing Composite rose +0.98 percent to close at 806.24. Housing stocks we track in today’s trading closed mixed or even, with Deer Valley spiking the most of stocks we follow, +15.38 percent, +0.10, to end at 0.75. Equity LifeStyle Properties slipped the most of tracked stocks, -2.32 percent, -0.96 points, to end the day at 40.44. Affiliated Managers Group 187.84 -0.21 (-0.11%). Cavco Industries, Inc. 82.83 +0.25 (+0.30%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 183,860 -1,000.00 (-0.54%). Drew Industries, Inc. 53.79 +0.11 (+0.20). Liberty Homes remained steady at 0.80. Louisiana Pacific Corporation 16.99 -0.18 (-1.05%). Nobility Homes remained unchanged at 11.00. Patrick Industries, Inc. 44.19 -0.13 (-0.25%). Skyline Corp. 6.19 +0.186 (+3.10%). Sun Communities, Inc. 44.09 -0.81 (-1.80%). Third Avenue Value Fund (March 18) 56.30 +0.30 (+0.54%). UMH Properties 9.47 -0.08. ##
