CNNMoney reports signs that global markets are hitting bumps in the road as Moody’s is expected to downgrade global banks sent the Dow Jones Industrial Average spiraling down -250.82 points, a loss of 1.96 percent, to close at 12,573.57. The Nasdaq fell even more, losing -2.44 percent to 2,859.09, while the S&P fell -2.23 percent to 1,325.51. The Yahoo! Finance Manufactured Housing Composite fell -2.12 percent to close at 1,013.4. Housing stocks we track all closed down except Third Avenue Value Fund (trailing–6-20) which gained +0.30%, +0.13, to close at. 44.17. Cavco Industries lost the most of stocks we follow, dropping -6.22%, -3.06, to close at 46.13. Affiliated Managers Group 102.73 -3.64 (-3.42%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 121,744 -2,006.00 (-1.62%). Champion, Liberty Homes, Deer Valley, and Palm Harbor all remained unchanged. Drew Industries 26.76 -0.56 (-2.05%). Equity Lifestyle Properties 67.06 -1.42 (-2.07%). Louisiana Pacific Corp. 10.28 -0.28 (-2.66%). Nobility Homes remained unchanged at 6.50. Skyline Corp. 4.16 -0.16 (-3.70%). Sun Communities 42.45 -0.93 (-2.14%). United Forest Products, Inc. 36.91 -1.44 (-3.75%). UMH Properties 10.00 -0.15 (-1.48%).
