Wall Street falls
The Russell 2000 (NYSE: IWM) and the Dow Jones Industrial Average (INDU) are dropping on news of weak earnings reports.
At 10:03 a.m. ET the Russell 2000 was down 11.09 points, or 1.30%, to 840.76. The Dow Jones Industrial Average was down 113.40 points, or 0.81%, to 13,887.01.
Peoria, Ill.-based maker of earthmoving machines Caterpillar Inc. (NYSE: CAT) became the latest casualty of the sagging U.S. housing sector, reporting before the opening bell that its second-quarter income declined 21%.
Google Inc. (Nasdaq: GOOG) also fell short of analysts’ expectations, announcing that its quarterly profit fell due to research spending costs that shot up 88% and costs associated with the Mountain View, Calif.-based company’ aggressive hiring policy.
The following were the most actively traded companies in Friday's trading among those with market capitalizations under $500 million:
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| 10:00 et | Change | Change | Volume | Year High | Year Low |
