Washington Wrangling Wrings Red Ink

The continued wrangling over a budget deal in Washington sent stocks tumbling in today’s trading. CNNMoney reports the Dow lost -133.25 points, -0.87 percent, to close at 15,168.01. Meanwhile, the Nasdaq lost -0.56 percent, +21.27 points to end today’s trading at 3,794.01, while the S&P fell -0.71 percent, -12.08 points, to close at 1,698.06. The Yahoo! Finance Manufactured Housing Composite moved down -2.57 percent to close at 966. All except one housing stock we track in today’s trading closed down or even, with Third Avenue Value Fund (Oct. 14) as the only gainer, up +0.49 percent, +0.28 to finish at 57.88. Drew Industries slid the most of stocks we follow, -1.69 percent, -0.83, to finish at 48.17. Affiliated Managers Group 187.73 -1.35 (-0.71%). Cavco Industries 57.99 -0.72 (-1.22%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 171,920 -2,280.00 (-1.31%). Deer Valley remained unchanged at 0.65. Drew Industries 48.17 -0.83 (-1.69%). Equity LifeStyle Properties 35.31 -0.04 (-0.11%). Liberty Homes remained unchanged at 0.60. Louisiana Pacific Corp. 17.70 -0.22 (-1.19%). Nobility Homes remained steady at 9.25. Patrick Industries, Inc. 28.57 -0.02 (-0.05%). Skyline Corp. 4.38 -0.01 (-0.23%). Sun Communities, Inc. 42.67 -0.13 (-0.30%). UMH Properties, Inc. 9.96 -0.04 (-0.40%). Universal Forest Products, Inc. 42.00 -0.38 (-0.90%).

(Graphic credit: CNNMoney and RealTick)

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