U. S. stocks plunged on news of a large drop in the Chinese stock market as well as lingering concerns about the tapering of the stimulus by the Federal Reserve, regaining some lost ground in the afternoon but still ending one percent down. CNNMoney reports the Dow Jones Industrial Average dropped 139.84 points, -0.94 percent, to end the day at 14,659.56. The Nasdaq lost -1.06 percent, -36.49 points, to end the session at 3,320.76, while the S&P fell -1.21 percent, -19.34 points, to finish the day at 1,592.43. The Yahoo! Finance Manufactured Housing Composite fell -1.47 percent to close at 1054.6. Most housing stocks we follow closed down or even, with Equity Lifestyle Properties advancing the most of tracked stocks, +1.03 percent, +0.77, to finish the day at 75.70. Universal Forest Products, Inc. fell the most of stocks we follow, dropping -4.74 percent, -2.08, to close at 41.76. Affiliated Managers Group 154.76 -4.98 (-3.12%). Cavco Industries 47.96 +0.39 (+0.84%). Champion, Liberty Homes and Palm Harbor continued unchanged. Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 166,439 -1,761.00 (-1.05%). Deer Valley remained unchanged at 0.65. Drew Industries, Inc. 39.71 -0.35 (-0.87%). Louisiana Pacific Industries 15.20 -0.01 (-0.07%). Nobility Homes remained unchanged at 7.10. Patrick Industries 20.38 -0.98 (-4.59%). Skyline Corp. 3.85 -0.18 (-4.47%). Sun Communities, Inc. 46.84 -1.16 (-2.42%). Third Avenue Value Fund (June 21) 52.73 -0.14 (-0.26%). UMH Properties, Inc. 10.23 +0.04 (+0.41%).
