Major Indexes Nudge Down, Housing Stocks Mixed | Daily Business ...

U.S. stocks finished the day down due to a continuing impasse in Washington between the White House and Congress over the fiscal cliff issue that needs to be resolved before year?s end. CNNMoney reports the Dow Jones Industrial Average dropped -0.27 percent, -35.71 points, ending the day at 13,135.01. The Nasdaq lost -0.70 percent, -20.82 points, to close at 2,971.34, while the S&P nudged down -0.41 percent, -5.87 points, to close at 1,419.45. The Yahoo! Finance Manufactured Housing Composite gained +0.39 percent to close at 1183.1. Housing stocks we follow closed mixed or even. Louisiana Pacific Industries gained the most of tracked stocks, +2.15 percent, +0.37, to end the week at 17.54. Deer Valley fell the most of tracked stocks, -3.75 percent, -0.02, to close at 0.54. Affiliated Managers Group 127.97 +0.21 (+0.15%). Cavco Industries 48.08 -0.25 (-0.52%). Champion, Liberty Homes, and Palm Harbor all remained unchanged. Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 133,795 -405. (-0.30%). Drew Industries 30.49 +0.03 (+0.11%). Equity LifeStyle Properties 65.63 +0.03 (+0.13%). Nobility Homes continues to remain unchanged at 5.35. Patrick Industries, Inc. 14.76 -0.25 (-1.63%). Skyline Corp. 3.96 +0.0315 (+0.80%). Sun Communities, Inc. 38.53 -0.13 (-0.34%). Third Avenue Value Fund (Dec. 13) 49.82 -0.30 (+0.40%). Universal Forest Products, Inc. 36.05 -0.22 (-0.60%). UMH 10.01 +0.10 (+1.01%).

(Graphic credit: CNNMoney and RealTick)

Source: http://www.mhmarketingsalesmanagement.com/blogs/daily-business-news/major-indexes-nudge-down-housing-stocks-mixed/

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