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Lower opening on Wall Street

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The Russell 2000 and the other major indices are falling despite news of strong earnings at Morgan Stanley and a fall in bond yields.

At 10:15 a.m. ET the Russell 2000 has lost 1.91 points, or 0.23 percent, to 846.43. Dow Jones Industrial Average was down 4.39 points, or 0.03 percent, to 13,631.03.

Investors reacted well to news that New York-based financial services giant Morgan Stanley (NYSE: MS) reported a 40% increase in its second-quarter net income, while revenue rose 32% to $11.52 billion.

Elsewhere, the yield on the U.S. government’s 10-year Treasury note has fallen to 5.13%, easing concerns of higher borrowing costs. Bond yields help determine rates on loans and mortgages.

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

    Price at %
9:00 et Change Change Volume Year High Year Low
 AIMC  ALTRA HOLDINGS INC   17.00     +0.23     +1.4%     255.2k     18.35     13.36  
 LUNA  LUNA INNOVATIONS   5.36     +0.62     +13.1%     156.5k     6.44     2.87  
 IEAM  INDUSTRIAL ENTERPRISES AMER   5.53     +0.48     +9.5%     48.9k     8.65     2.85  
 FFHL  FUWEI FILMS HLDGS CO LTD   7.65     +0.35     +4.8%     47.7k     18.43     5.58  
 DEIX  DIRECTED ELECTRONICS INC   9.00     +0.00     +0.0%     45.5k     16.30     8.25  
 GROW  U S GLOBAL INVS INC   26.40     +0.93     +3.7%     44.8k     36.35     8.78  
 SORC  SOURCE INTERLINK COS INC   5.17     +0.00     +0.0%     37.9k     12.05     4.94  
 WMAR  WEST MARINE INC   13.82     +0.00     +0.0%     36.8k     18.38     11.03  
 LYTS  LSI INDS INC   17.20     +1.93     +12.6%     35.7k     20.81     12.83  
 GLDD  GREAT LAKES DREDGE & DOCK CO   10.07     +0.07     +0.7%     35.4k     10.07     5.00