Debt Ceiling and European Debt Crisis Trouble Dow

New York Stock Exchange Trading Floor
New York Stock Exchange Trading Floor

The Dow lost 94.57 points to close at 12,385.16 on concerns about the European debt crisis and the U.S. debt ceiling, as several housing stocks closed down. The Manufactured Housing Composite gained .11 percent to end the day at 1052.70. Nobility Homes gained 6.51 percent. Meanwhile, MSCI lost 1.80 percent, Sun Communities fell 1.07 percent, Skyline Corporation dropped .62 percent, Cavco Industries lost .51 percent, and ELS fell .44 percent. Deer Valley and Palm Harbor Homes closed flat.

(stock image courtesy of Wikimedia Commons)

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