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Russell gains as Dow stays

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The Russell 2000 index has moved up whole the Dow is spinning its wheels following news of mixed economic data.

At 10:12 a.m. ET the Russell 2000 had added 3.37 points, or 0.40 percent, to 841.83. Dow Jones Industrial Average was up 11.62 points, or 0.09 percent, to 13,439.35.

Gross domestic product increased 0.7% during the first quarter of 2007, according to revised figures reported by the U.S. Commerce Department before the opening bell. That’s above the previously estimated growth rate of 0.6%.

However, economists were forecasting a bigger upward adjustment, expecting GDP to rise 0.8%. The U.S. economy expanded 2.5% in the final three months of 2006.

The picture on the jobs front was rosier.

Jobless claims for the week ended June 23 fell 13,000 to 313,000 on a seasonally-adjusted basis, the Labor Department reported before the opening. Observers were expecting a decline of 9,000.

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

    Price at %
10:10 et Change Change Volume Year High Year Low
 HOKU  HOKU SCIENTIFIC INC   11.60     +0.88     +8.2%     2,586.0k     12.80     2.12  
 RTH  RETAIL HOLDRS TR   105.15     -0.10     -0.1%     1,311.2k     108.73     87.12  
 MNTA  MOMENTA PHARMACEUTICALS INC   9.95     -1.37     -12.1%     1,193.1k     21.98     10.40  
 IMMR  IMMERSION CORP   14.40     +0.65     +4.7%     1,122.3k     13.90     5.03  
 XHB  STREETTRACKS SER TR   31.10     -0.22     -0.7%     761.6k     40.03     28.78  
 NFI  NOVASTAR FINL INC   7.61     -0.39     -4.9%     623.8k     35.97     3.25  
 DSTI  DAYSTAR TECHNOLOGIES INC   7.24     +0.57     +8.5%     544.3k     10.29     2.00  
 BIVN  BIOENVISION INC   5.62     +0.02     +0.4%     519.4k     6.41     3.23  
 TRMP  TRUMP ENTMT RESORTS INC   13.04     +0.44     +3.5%     420.5k     23.80     11.58  
PPCO PENWEST PHARMACEUTICALS CO   12.67     -0.12     -0.9%     399.6k     22.74     9.43