Mixed opening on Wall Street
The Russell 2000 (NYSE: IWM) is down but the Dow Jones Industrial Average (DJI) is up as stocks are mixed on news of a decline in June retail sales and conflicting economic data.
At 10:25 a.m. ET the Russell 2000 had lost 3.68 points, or 0.43 percent, to 851.50. The Dow Jones Industrial Average was up 10.81 points, or 0.08 percent, to 13,872.54.
June retail sales fell 0.9%, the most in almost two years, the U.S. Commerce Department reported before the opening bell. Economists were forecasting a drop of 0.1%. On Thursday, retailers surprised many by announcing generally positive same-store sales in June, leading to a rally.
Elsewhere, the higher price of oil contributed to a 1% rise in June import prices, according to the Labor Department before the start of trading. Wall Street was calling for a rise of 0.6%.
The news this morning was not all bad. The monthly University of Michigan said that its consumer sentiment index rose to 92.4 in July, exceeding the projected rise to 86. The index was at 85.3 in June.
The following were the most actively traded companies in Friday’s trading among those with market capitalizations under $500 million:
| Price at | % | ||||||
| 10:23 et | Change | Change | Volume | Year High | Year Low |
