Dow Drops as Fed Rescinds Stimulus; Housing Stocks Down

The Dow faltered as the Fed sent word it may not offer a much stimulus as previously indicated, and housing stocks fell as well.  The Dow lost 54.49 points to close at 12,437.12, while the Manufactured Housing Composite dropped 5.58 percent to end the day at 1059.50.  Cavco fell 5.93 percent, Skyline Corporation lost 4.20 percent, MSCI dropped 1.93 percent, Sun Communities was off 1.05 percent, ELS lost .56 percent and Nobility Homes fell .40 percent. Palm Harbor Homes and Deer Valley were flat.

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