Skyline Regains Less than Half of Friday’s Loss; Major Indexes Slip

U. S. stocks slid on troubling financial news from the tiny island of Cyprus, reminding financial markets of the fragile nature of the European economy, although analysts do not think the effect will be very long-lasting. CNNMoney reports the Dow Jones Industrial Average edged down -0.43 percent, -62.05 points, to close at 14,452.06. The Nasdaq fell -0.35 percent, -11.48 points, to close at 3,237.59, while the S&P moved down -0.55 percent, -8.6 points, to end the day at 1,552.10. The Yahoo! Finance Manufactured Housing Composite fell 3.71 percent to close at 1514.8. Housing stocks we track closed mixed, although not a lot of change either way, or even. Skyline Corp. gained the most of tracked stocks, advancing +2.16 percent, +0.10 points, to end the day at 4.73 Nobility Homes fell the most of tracked stocks, dropping -1.85%. -0.10, to end the day at 5.30. Affiliated Managers Group 153.74 -0.67 (-0.43%). Cavco Industries 47.51 -0.48 (-1.00%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 153,241 -259.00 (-0.17%). Champion, Liberty Homes, Deer Valley and Palm Harbor continued unchanged. Drew Industries 37.22 -0.44 (-1.17%). Equity LifeStyle Properties 74.75 -0.17 (-0.23%). Louisiana Pacific Corp. 21.65 -0.04 (-0.18%). Patrick Industries 14.21 -0.03 (-0.21). Sun Communities, Inc. 46.74 -0.13 (-0.28%). Third Avenue Value Fund (March 15) 52.52 -0.19 (-0.36%). Universal Forest Products, Inc. 41.13 +0.06 (+0.21%). UMH 10.19 +0.05 (+0.49%).

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