Russell 2000 dropping
The Russell 2000 index is declining along with the other major U.S. indices, as investors continue to consolidate their gains. Among specific small cap companies, shares of Orckit Communications Ltd. (Nasdaq: ORCT) are down on news of a quarterly loss, while Answers Corp. (Nasdaq: ANSW) announced it will not be profitable in the second quarter of 2007.
At 11:31 a.m. ET the Russell 2000 had shed 6.99 points, or 0.84 percent, to 824.28. The Dow Jones Industrial Average was down 53.72 points, or 0.40 percent, to 13,259.25.
At 11:31 a.m. ET the Russell 2000 had shed 6.99 points, or 0.84 percent, to 824.28. The Dow Jones Industrial Average was down 53.72 points, or 0.40 percent, to 13,259.25.
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