Saber Rattling over Ukraine Rattles Investors; LPX Falls the Most of Tracked Stocks

Investors, somewhat shaken by the increasing tensions between Russia and the United States, drifted away from the big board on the first trading day of March, as the Dow dropped over 150 points. CNNMoney reports the Dow fell -153.68 points, -0.94 percent, to end the day at 16,168.03. The Nasdaq dropped -30.82 points, -0.72 percent, to finish at 4,270.30, while the S&P fell -13.72 points, -0.74 percent, falling from a new high to 1,845.73. The Yahoo! Finance Manufactured Housing Composite gained +1.35 percent to close at 773.23. Housing stocks we track in today’s trading closed modestly mixed or even, but Equity LifeStyle Properties nudged up the most, +0.50 percent, +0.20, to end the day at 40.45, while Louisiana Pacific Industries fell the most of stocks we follow, -2.16 percent, -0.41 points, to finish at 18.38. Affiliated Managers Group 187.50 -0.55 (-0.29%). Cavco Industries, Inc. 78.78 +0.33 (+0.42%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 174,500 +792.00 (+0.46%). Deer Valley remained unchanged at 0.75. Drew Industries 48.86 -0.38 (-0.77%). Liberty Homes remained steady at 0.80. Nobility Homes remained unchanged at 11.00. Patrick Industries 41.98 -0.21 (-0.50%). Skyline Corp. 5.70 -0.04 (-0.70%). Sun Communities, Inc. 45.57 -0.49 (-1.06%). Third Avenue Value Fund (Feb. 28) 56.56 +0.25 (+0.44%). UMH Properties 9.26 -0.01 -0.11%). Universal Forest Products, Inc. 55.39 -0.34 (-0.57%). ##

(Graphic credit: CNNMoney and RealTick)

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