Cavco Climbs, Nobility Flat, Dow Drops

CNNMoney reports the Dow Jones Industrial Average dropped 97.03 points on continuing problems in Greece and Spain, at one time falling to 12,750, but finally rallying back to only losing -0.75 percent, closing at 12,835.06 The Nasdaq dropped -0.39 percent to 2,934.71, while the S&P closed down -0.67 percent, to 1354.58. The Yahoo! Finance Manufactured Housing Composite gained +2.12 percent to close at 1087.9. Housing stocks we track closed mixed. Cavco Industries gained the most of stocks we follow, +5.72 percent, +2.65, to close at 49.30. UMH Properties fell the most of tracked stocks, declining -2.42 percent, -0.28, to end the trading day at 11.30. Affiliated Managers Group 105.60 +0.11 (+0.10%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 112,560 -1,184.00 (-0.96%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 27.75 -0.36 (-1.28%). Equity Lifestyle Properties 69.65 -0.33 (-0.47%). Louisiana Pacific Corp. 9.36 -0.12 (-1.54%). Nobility Homes remained unchanged for the second day in a row at 7.00. Skyline Corp. 5.38 +0.15 (+2.87%). Sun Communities 43.52 -0.30 (-0.68%). Third Avenue Value Fund (5-8) 44.58 -0.36 (-0.80%). Universal Forest Product 36.92 -0.065 (-0.18%).

(Graphic image: CNNMoney and RealTick)

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