Skyline Rises while Major Indexes Fall

The uncertainty of a possible government shutdown and possible tapering of the Federal Reserve’s Quantitative Easing drew down all three major indexes, especially the Dow, which fell just under 200 points. CNNMoney reports the Dow dropped -185.46 points, -1.19 percent, to close at 15,451.09. Meanwhile, the Nasdaq fell -0.39 percent, -14.65 points to end today’s trading at 3,774.73, while the S&P lost -0.72 percent, -12.43 points, to close at 1,709.91. The Yahoo! Finance Manufactured Housing Composite gained +0.04 percent to end today’s session at 2010.9. Housing stocks we track closed mixed or even. Skyline Corp. gained the most of tracked stocks, shooting up +8.73 percent, +0.40, to end the week at 4.98. Cavco Industries, Inc. fell the most of tracked stocks, -2.00 percent, -1.19, to finish at 58.40. Affiliated Managers Group 186.46 -0.74 (-0.40%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 175,350 -476.00 (-0.27%). Deer Valley remained unchanged at 0.65. Drew Industries 43.85 +0.19 (+0.44%). Equity LifeStyle Properties 35.57 -0.50 (-1.39%). Liberty Homes remained unchanged at 0.60. Louisiana Pacific Corp. 18.02 -0.09 (-0.50). Nobility Homes 9.00 +0.35 (+4.05%). Patrick Industries 30.36 +0.35 (+1.17%). Skyline Corp. 4.98 +0.40 (+8.73%). Sun Communities, Inc. 45.52 -0.83 (-1.79%). Third Avenue Value Fund (Sept. 19) 58.24 +0.03 (+0.05%). UMH Properties, Inc. 9.75 +0.04 (+0.41%). Universal Forest Products, Inc. 41.38 +0.36 (+0.88%).

(Graphic credit: CNNMoney and RealTick)

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