U. S. stocks started the day strong but began a downward trajectory as continuing concern over the Federal Reserve’s narrowing of its support for the economy led to the Dow dropping over 100 points. CNNMoney reports the Dow Jones Industrial Average lost -0.84 percent, -126.79 points, to close at 14,995.23. The Nasdaq fell -1.06 percent, -36.52 points, to end the day at 3,400.43 while the S&P dropped -0.84 percent, -13.61 points, to finish at 1,612.52. The Yahoo! Finance Manufactured Housing Composite dropped -1.04 percent to close at 1103.4. Housing stocks we track closed mostly down, or even, although Universal Forest Products, Inc. managed to squeeze out a gain of +0.79 percent, +0.31, to close at 39.48. Skyline Corp. fell the most of stocks we follow, -2.36 percent, -0.10, to finish at 4.13. Affiliated Managers Group 164.88 -1.03 (-0.62%). Cavco Industries, Inc. 46.37 -0.27 (-0.58%). Champion, Liberty Homes and Palm Harbor continued unchanged. Deer Valley remained at 0.60. Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 169,195 -955.00 (-0.56%). Drew Industries, Inc. 39.50 -0.24 (-0.60%). Equity LifeStyle Properties, Inc. 77.62 -0.69 (-0.88%). Louisiana Pacific Industries 15.90 -0.36 (-2.21%). Nobility Homes remained unchanged at 7.10. Patrick Industries 19.14 +0.09 (+0.47%). Sun Communities, Inc. 47.80 -1.13 (-2.31%). Third Avenue Value Fund (June 11) 53.90 -0.52 (-0.96%). UMH Properties, Inc. 10.25 -0.13 (-1.25%).
