Stocks moved down slightly as investors witnessed a fall in fourth quarter earnings for JPMorgan Chase and the credit rating for several European countries was downgraded. CNNMoney reports the Dow Jones Industrial Average lost 48.96 points, -0.39 percent, to close at 12,422.06. The NASDAQ fell -0.51%, and the S&P dropped -0.49 percent. The Yahoo! Finance Manufactured Housing Composite gained +0.13 percent to close at 761.7. Tracked housing stocks closed mixed, with Patrick Industries posting the biggest advance, moving up +10.20 percent, +0.50, to close at 5.40. Affiliated Managers Group 98.62 -1.29 (-1.30%). Cavco Industries 41.56 +0.02 (+0.05%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 116,520.00 -1,330. (-1.13%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 24.83 -0.20 (-0.80%). Nobility Homes was unchanged at 5.32. Skyline Corp. 5.23 +0.04 (+0.77%). Sun Communities +0.54 percent (+1.45%). Third Avenue Value Fund (1-12) 41.78 +0.32 (+0.77%). UMH Properties slid the most of tracked stocks, -1.91 percent, -0.18, closing at 9.25. Universal Forest Products, Inc. 32.86 -0.60 (-1.79%).
