With less than a week to resolve the fiscal cliff crisis, CNNMoney reports U.S. stocks fell precipitously until about 2:30 PM when it was announced lawmakers will meet Sunday to try and resolve the impending crisis, and investors returned to the table, erasing much of the earlier loss. The Dow Jones Industrial Average slipped -0.14 percent, -18.28 points, ending the day at 13,096.31. The Nasdaq moved down -0.14 percent, -4.25 points, to close at 2,985.91, while the S&P ended the day losing -0.12 percent, -1.74 points, to close at 1,418.09. The Yahoo! Finance Manufactured Housing Composite moved up +1.32 percent to close at 1217.8. Housing stocks we track closed mixed or even. Patrick Industries gained the most of stocks we track, moving up +1.07 percent, +0.15, to end the day at 14.83. Skyline Corp. fell the most of tracked stocks, losing -5.73%, -0.25, to close at 4.11. Affiliated Managers Group 128.50 -1.16 -1.10 percent. Cavco Industries 48.34 +0.14 (+0.29%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 133,900 -27. (-0.02%). Champion, Liberty Homes, and Palm Harbor continued unchanged. Deer Valley remained unchanged at 0.58. Drew Industries 32.29 -0.10 (-0.31%). Equity LifeStyle Properties 66.85 -0.02 (-0.06%). Louisiana Pacific Industries 18.71 +0.11 (+0.59%). Nobility Homes continued unchanged at 4.95. Sun Communities, Inc. 39.06 -0.05 (-0.07%). Third Avenue Value Fund 49.45 -0.10 (-.20%). Universal Forest Products, Inc. 37.55 –0.42 (-1.08%). UMH 10.11 -0.12 (-1.17%).
(Graphic credit: CNNMoney and RealTick)