News from the Federal Reserve meeting that bond buying by the Fed may taper off even if the unemployment rate does not fall drove stocks downward in today’s trading. CNNMoney reports the Dow Jones Industrial average dropped -0.41 percent, -66.21 points, to end the day’s trading at 15,900.82. The Nasdaq fell -0.26 percent, -10.28 points, to end the day at 3,921.27, while the S&P lost -6.50 points -0.36 percent, to finish at 1,781.37. The Yahoo Manufactured Housing Composite dropped -6.56 percent to close at 690.1. Most housing stocks we track lost in today’s trading, or closed even, although Affiliated Managers Group was the only one of stocks we follow to advance, moving up +0.57 percent, +1.13 points, to close at 198.94. Liberty Homes plummeted -49.50%, -0.50, to end the day at 0.51. Affiliated Managers Group 198.94 +1.13 points (+0.57%). Cavco Industries 58.57 -1.56 (-2.59%). Clayton Homes Berkshire Hathaway supplier and financer of manufactured homes 172,480 -1,280.00 (-0.74%). Deer Valley remained at 0.66. Drew Industries, Inc. 50.89 -0.44 (-0.86%). Drew Industries 50.71 -0.18 (-0.35%). Equity LifeStyle Properties 36.29 -0.19 (-0.53%). Louisiana Pacific Industries 15.61 -0.20 (-1.25%). Nobility Homes remained unchanged at 10.00. Patrick Industries 29.67 -0.23 (-2.41%). Skyline Corp. 4.83 -0.12 (-2.42%). Sun Communities, Inc. 40.68 -1.00 (-0.48%). Third Avenue Value Fund (Nov. 20) 58.37 -0.17 (-0.29%). UMH Properties 9.39 -0.13 (-1.36%). Universal Forest Products, Inc. 51.21 -0.18 (-0.35%).
(Graphic credit: CNNMoney and RealTick)