U.S. stocks dropped over one percent as fears over the impending fiscal cliff and renewed fighting in the Middle East provoked a sell off of stocks by investors. CNNMoney reports the Dow Jones Industrial Average lost -1.45 percent, -185.23 points, closing at 12,570.95. The Nasdaq dropped -1.29 percent, -37.08 points to close at 2,846.81, while the S&P lost -1.39 percent, -19.04 points to close at 1,355.49. The Yahoo! Finance Manufactured Housing Composite dropped -0.68 percent to close at 1150.1. Housing stocks we track closed down or even except one. Skyline Corp. was the only that closed up, gaining +3.25%, +0.13 percent, to finish at 4.13. Cavco Industries, Inc. dropped the most of stocks we track -4.84%, -2.24, to close at 44.03. Affiliated Managers 122.78 -2.15 (-1.71%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 128,150 -775.00 (-0.60%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 30.21 -0.91 (-2.92%). Equity LifeStyle Properties 64.04 -1.11 (-1.70%). Louisiana Pacific Industries 15.78 -0.31 (-2.01%). Nobility Homes remained unchanged at 5.35 for the second consecutive day. Patrick Industries, Inc. 17.38 -0.88 (-3.90%). Sun Communities, Inc. 37.10 -1.45 (-3.76%). Third Avenue Value Fund (Nov. 13) 47.35 -0.22 (-0.46%). United Forest Products, Inc. 34.19 -0.81 (-2.31%). UMH 9.52 -0.53 (-2.36%).
