Lower opening on Wall Street
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.
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