In a repeat of yesterday, investors continue to worry the Federal Reserve’s asset purchase support of the economy will end soon, causing the three major indexes to finish the day in the red. CNNMoney reports the Dow Jones Industrial Average slid -48.07 points, -0.31 percent, to close at 15,470.67. The Nasdaq dropped -0.32 percent, -11.76 points to end the day at 3,654.01, while the S&P fell back -0.38 percent, -6.46 points, to close at 1,690.91. The Yahoo! Finance Manufactured Housing Composite dropped -1.06 percent to close at 948.1. Housing stocks we follow closed mixed or even, but more fell than rose. Louisiana Pacific Industries gained the most of tracked stocks, +1.46 percent, +0.25 points, to end the day at 17.09. Patrick Industries dropped the most of stocks we follow, falling -3.81 percent, -0.93, to end the day at 23.49. Affiliated Managers Group 180.20 -4.02 (-2.18%). Cavco Industries 53.53 +0.28 (+0.53%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 175,200 -1,655.00 (-0.94%). Drew Industries, Inc. remained unchanged at 43.39. Equity LifeStyle Properties 37.05 -0.10 (-0.27%). Liberty Homes remained steady at 0.60. Nobility Homes remained steady at 8.50. Palm Harbor Homes remained unchanged. Skyline Corp. 4.86 -0.11 (-2.21%). Sun Communities, Inc. 47.99 -0.23 (-0.48%). Third Avenue Value Fund (Aug 6) 56.58 -0.20 (-0.35%). UMH Properties, Inc. 10.76 -0.16 (-1.47%). Universal Forest Products, Inc. remained steady at 40.77.
(Graphic credit: CNNMoney and RealTick)
