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Dow Loses One-half Percent; Housing Stocks Mostly Slip

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CNNMoney tells us with Greek leaders still not reaching a debt relief bill, investors regained some of last week’s losses but continued to shy away from the market as the Dow Jones Industrial Average lost -6.74 points, -0.05 percent, to close at 12,653.72. The NASDAQ fell -0.16%, while the S&P lost -0.25%. The Yahoo! Finance Manufactured Housing Composite slid -2.27 percent to close at 853.8. Most tracked housing stocks closed down. Skyline Corp. posted the biggest slide of tracked stocks, moving down -7.40 percent, -0.51, to close at 6.38. Louisiana-Pacific Corp. posted the biggest gain, moving up +0.44 percent, +0.04, to close at 9.10. Affiliated Managers Group 100.40 -1.61 (-1.49%). Cavco Industries 46.20 -0.51 (-1.09%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 117.925.00 -1,286.00 (-1.08%). Drew 26.02 -0.15 (-0.57&). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Nobility Homes 5.60 -0.44 (-7.28%). Patrick Industries 5.30 -0.09 (-1.67%). Sun Communities 39.90 -0.59 (-1.46%). Third Avenue Value Fund (1-27) 44.69 +0.05 (+0.11%). UMH Properties 10.06 -0.04 (-0.40%). Universal Forest Products, Inc. 31.37 -0.92 (-2.85%).

(Graphic image: CNNMoney and RealTick)

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