Marathon Bomb Shocks Housing Stocks and Indexes to Drop

The slowing of Chinese industrial growth in the first qurter of 2013 had already lowered U. S. stocks when word arrived of the explosions at the Boston Marathon, which sent the Dow 120 points lower. The Nasdaq and S&P both dropped over two percent. CNNMoney reports the Dow Jones Industrial Average lost -265.86 points, -1.79 percent, ending the day at 14,599.20. The Nasdaq dropped -2.38 percent, -78.46 points, to close at 3,216.49, while the S&P lost -2.30 percent, -36.49 points, to end the day at 1,552.36. The Yahoo! Finance Manufactured Housing Composite fell -2.52 percent to close at 1513.6. All housing stocks we track closed down or even, with Louisiana Pacific Industries falling the most of stocks we follow, dropping -8.33%, -1.64, to end the day at 18.05. Affiliated Managers Group remained unchanged at 153.76. Cavco Industries 42.80 -1.82 (-4.08%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 157,000 -3,525.00 (-2.20%). Champion, Liberty Homes, and Palm Harbor continued unchanged. Deer Valley 0.65 -0.04 (-5.25%). Drew Industries 34.83 -1.37 (-3.78%). Equity LifeStyle Properties 79.34 -0.81 (-1.01%). Louisiana Pacific Industries, Inc. 18.05 -1.64 (-8.33%). Nobility Homes remained unchanged at 5.75. Patrick Industries, Inc. 14.55 -0.39 (-2.86%). Skyline Corp. 4.53 -0.231 (-4.85%). Sun Communities, Inc. 47.86 -1.10 (-2.25%). Third Avenue Value Fund (April 12) 53.32 -0.08 (-0.15%). UMH 10.90 -0.30 (-2.68%). Universal Forest Products, Inc. 35.13 -1.99 (-5.36%).

(Graphic credit: CNNMoney and RealTick)

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