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A solid start

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Investors turned bullish this morning as U.S. stocks begin to recover from the steep drop on Thursday.

At 10:03 a.m. ET the Russell 2000 had gained 3.07 points, or 0.37 percent, to 826.87.  Dow Jones Industrial Average was up 23.97 points, or 0.18 percent, to 13,465.10.

Nasdaq grabbed headlines after it said it will pay $3.7 billion for Swedish stock exchange OMX AB.  A previous bid for the London Stock Exchange failed.

A report on existing homes sales for the month April by the National Association of Realtors is due this morning.  Investors will turn their eyes on the numbers for clues as to the future development of the U.S. housing market after Thursday’s news that single-family home sales increased the most in 14 years in April.

The following are the most actively traded companies in Thursday's trading among those with market capitalizations under $500 million:

    Price at %
9:58 et Change Change Volume Year High Year Low
 BIVN  BIOENVISION INC   5.33     +0.39     +7.9%     1,640.4k     6.41     3.23  
 XHB  STREETTRACKS SER TR   36.03     +0.28     +0.8%     1,420.2k     40.03     28.78  
 GPM  GENERAL MTRS CORP   23.23     +0.12     +0.5%     1,028.4k     25.49     18.78  
 ORBC  ORBCOMM INC   12.94     +1.32     +11.4%     894.6k     14.23     7.03  
 BRLC  SYNTAX BRILLIAN CORP   6.85     +0.28     +4.3%     760.6k     11.70     2.10  
 SLFI  STERLING FINL CORP   10.81     -5.35     -33.1%     704.5k     24.20     14.42  
 XJT  EXPRESSJET HOLDINGS INC   6.17     +0.08     +1.3%     587.8k     9.61     5.01  
 XFML  XINHUA FIN MEDIA LTD   7.25     +0.54     +8.0%     523.5k     13.00     6.15  
 NRMX  NEUROCHEM INC   6.23     -0.08     -1.3%     388.7k     26.51     5.72  
 RTH  RETAIL HOLDRS TR   104.33     +0.15     +0.1%     351.3k     106.72     87.12