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All indices down

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Wall Street opened in negative territory today following news of a larger-than-expected drop in May U.S. orders of durable goods.

At 10:05 a.m. ET the Russell 2000 was down 3.74 points, or 0.45 percent, to 822.39. Dow Jones Industrial Average had retreated 55.12 points, or 0.41 percent, to 13,282.54.

Orders for durable goods fell 2.8% in May, the U.S. Commerce Department said before the opening bell. Economists were forecasting a drop of 1.1%. Orders increased during the first four months of 2007.

Elsewhere, investors will be paying close attention to the U.S. Federal Reserve’s regularly scheduled two-day meeting on interest rates, which begins today. The twelve-member Federal Open Market Committee is expected to leave the federal funds rate unchanged at 5.25%.

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

    Price at %
10:02 et Change Change Volume Year High Year Low
 HOKU  HOKU SCIENTIFIC INC   11.99     -0.09     -0.7%     1,855.5k     12.80     2.12  
 JSDA  JONES SODA CO   14.65     +0.82     +5.9%     1,732.1k     32.60     7.51  
 NFI  NOVASTAR FINL INC   7.58     -0.54     -6.7%     1,640.7k     35.97     3.25  
 TRMP  TRUMP ENTMT RESORTS INC   12.41     -1.46     -10.5%     1,056.3k     23.80     12.98  
 RTH  RETAIL HOLDRS TR   104.01     +0.17     +0.2%     709.2k     108.73     87.12  
 XRT  STREETTRACKS SER TR   43.13     +0.35     +0.8%     654.0k     45.51     34.58  
 ITB  ISHARES TR   31.39     -0.21     -0.7%     475.6k     44.71     31.60  
 DIVX  DIVX INC   14.62     +0.25     +1.7%     397.2k     31.89     13.80  
 PSI  POWERSHARES ETF TRUST   19.35     +0.12     +0.6%     351.3k     19.82     14.71  
 RMKR  RAINMAKER SYSTEMS   6.51     +0.03     +0.5%     333.5k     11.21     4.99