CNNMoney tells MHProNews.com the Dow Jones Industrial Average nosedived as investors responded to weak economic data from Europe and backed off. Despite the Dow losing 203.66 points, 1.52 percent, and closing at 12,759.15, the Dow is actually up 4.4 percent for the year. The Nasdaq also dropped, falling 40.16 points to 2910.32, while the S&P fell 20.97 points to finish at 1,343.36. The Nasdaq is up 11.7 percent on the year, while the S&P has gained nearly seven percent. The Yahoo! Finance Manufactured Housing Composite lost 3.21 percent to close at 837. All tracked housing stocks closed down, but Cavco Industries posted the largest loss, -3.73 percent, -1.67, to finish at 43.15. Affiliated Managers Group 104.43 -2.69 (-2.51%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 117,680 -1,215.00 (-1.02%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 25.96 -0.67 (-2.52%). Equity Lifestyle Properties 67.77 -0.72 (-1.05%). Louisiana Pacific Corp. 7.91 -0.19 (-2.35%). Nobility Homes was unchanged at 7.55. Patrick Industries 6.43 -0.07 (-1.08%). Skyline Corp. 6.86 -0.15 (-2.14%). Sun Communities 41.81 -0.27 (-0.64%). Third Avenue Value Fund (3-5) 46.85 -0.37 (-0.78%). UMH Properties 10.05 -0.11 (-1.08%). Universal Forest Products 29.52 -0.95 (-3.12).
