Equity LifeStyle Nudges Up; Dow, S&P, Nasdaq Drop

All three major indexes fell over one percent as the Federal Reserve announced it will taper its bond-buying program by another $10 billion, amid concerns about Turkey and other emerging markets. CNNMoney reports the Dow Jones Industrial Average dropped 189.77 points, -1.19 percent, to end the day at 15,738.79. The Nasdaq fell -1.14 percent, -46.53 points, to finish at 4,051.43, while the S&P lost -18.30 points, -1.02 percent, to end the day at 1,774.20. The Yahoo! Finance Manufactured Housing Composite lost -1.22 percent to close at 698.2. Housing stocks we track in today’s trading closed mixed or even, with Equity LifeStyle Properties nudging up the most, +0.92 percent, +0.35, to end the day at 38.45. Drew Industries fell the most of tracked housing stocks, losing -2.00 percent, -0.99, to close at 48.40. Affiliated Managers Group 196.51 -3.58 (-1.79%). Cavco Industries 74.17 -1.20 (-1.59%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 168,748 -464.00 (-0.27%). Deer Valley remained unchanged at 0.75. Liberty Homes remained unchanged at 0.75. Louisiana Pacific Industries 17.54 -0.14 (-0.80%). Nobility Homes 9.02 -0.18 (-1.96%). Patrick Industries 35.04 -0.16 (-0.45%). Skyline Corp. 6.20 +0.01 (+0.16%). Sun Communities, Inc. 44.93 +0.25 (+0.56%). Third Avenue Value Fund (Jan. 28) 55.59 +0.31 (+0.56%). UMH Properties, Inc. 9.23 -0.03 (-0.32%). Universal Forest Products, Inc. 52.30 -0.05 (-0.09%).

(Graphic credit: CNNMoney and RealTick)

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