FED’s QE plans, Syria spook investors, stocks slide, but MH composite rises

8.26.2013-stock-ticker-credit-cnn-money-posted-daily-business-news-manufactured-home-marketing-sales-management-mhpronews-com-Questions about the timing of the FED’s QE bond buying, coupled with concerns that the U.S. may become involved in Syria’s civil war caused investors to pull back, CNN Money told MHProNews as the Dow slid to a close of 14,946.46, down -64.05 (-0.43%). Meanwhile, the Yahoo! Finance Manufactured Housing Composite value closed at 1887.4, up +0.75%. Affiliated Managers Group, Inc., (AMG) 177.55-1.36 (-0.76%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company, Berkshire Hathaway Inc. (BRK.A) 171000.50, -319.95 (-0.19%). Cavco Industries, Inc., (CVCO) 56.02, -0.06 (-0.11%). Deer Valley, Liberty Homes and Nobility Homes all remained unchanged. Drew Industries, Inc. (DW) 42.77, -0.16 (-0.37%). Equity Lifestyle Properties, Inc. (ELS) 35.80, -0.23 (-0.64%).
Louisiana-Pacific Corporation, (LPX) 15.15, +0.10 (0.66%). Patrick Industries, Inc. (PATK) 26.60, +0.20 (0.76%). Skyline Corporation, (SKY) 4.66, +0.12 (2.64%). Third Avenue Value Fund (TAVFX – as of Aug 23, 2013) 56.02, +0.20 (0.36%). UMH Properties, Inc. (UMH) 9.86, -0.07 (-0.70%). Universal Forest Products, Inc. (UFPI) 38.67-0.06 (-0.15%). ##.

(Image Credit: CNN Money)

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