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Stocks open higher

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Better-than-expected economic news this morning prompted buying of stocks on the opening.

At 9:58 a.m. ET the Russell 2000 was up 1.18 points, or 0.14 percent, to 815.36.  Dow Jones Industrial Average was up 42.26 points, or 0.32 percent, to 13,426.10.

U.S. housing starts rose a greater-than-expected 2.5% in April to an annualized rate of 1.528 million, the Commerce Department reported before the opening bell.  Economists were projecting a drop of 2.2% to 1.485 million.

April’s industrial output increased 0.7%, the U.S. Federal Reserve said before the start of trading.  That’s more than twice the projected rise of 0.3%.  Industrial production has expanded 1.9% over the past 12 months.

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

    Price at %
9:54 et Change Change Volume Year High Year Low
 AGIL (AGIL)    AGILE SOFTWARE CORP DEL     7.97     +0.90     +12.6%     5,625.8k     7.61     5.08  
 DNDN (DNDN)    DENDREON CORP     5.99     +0.30     +5.3%     3,234.7k     25.25     3.57  
 XING (XING)    QIAO XING UNIVERSAL TELEPHON     14.53     +0.50     +3.6%     360.1k     19.94     7.04  
 RTH (RTH)    RETAIL HOLDRS TR     102.76     +0.16     +0.2%     332.2k     106.72     87.12  
 QXM (QXM)    QIAO XING MOBILE COMM CO LTD     11.35     +0.72     +6.8%     280.6k     12.45     9.54  
 HRT (HRT)    ARRHYTHMIA RESH TECHNOLOGY I     11.85     -7.45     -38.6%     269.3k     33.89     9.30  
 GMO (GMO)    IDAHO GEN MINES INC     5.15     -0.45     -8.0%     244.0k     6.97     1.80  
 EMAG (EMAG)    EMAGEON INC     7.99     -0.01     -0.1%     241.2k     16.91     7.71  
 ERS (ERS)    EMPIRE RES INC DEL     10.55     +1.03     +10.8%     224.6k     26.20     8.10  
 RACK (RACK)    RACKABLE SYS INC     12.25     +0.32     +2.7%     216.7k     41.92     11.25