Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

The Labor Department said the number of people filing for unemployment claims fell last week by 4,000 to 570,000. However, the market had been expecting a bigger drop to 560,000. The number of people continuing to receive benefits rose.

Investors have been anxious this week for more insight on the labor market. Friday will bring the government's report on August job losses, the month's most telling piece of economic data. In July, job losses slowed and the unemployment rate unexpectedly fell. Investors are eager to see those trends continue.

The market is also sifting through a number of sales reports from retailers. Overall, sales are still weak, but many companies, including Target Corp., Costco Wholesale Corp. and Limited Brands Inc., beat expectations.

A trade group's measure of service sector activity dropped in August at the slowest pace in 11 months.

The Institute for Supply Management said its service index, which covers hospitals, retailers, financial services companies and more, came in at 48.4 in August, from 46.4 in July. Economists polled by Thomson Reuters expected a reading of 48. A figure below 50 indicates the service sector is shrinking.

Like services, recent reports on housing and manufacturing have improved, but unemployment, and the resulting clampdown on consumer spending, has left investors wary.

In midmorning trading, the Dow rose 5.67, or 0.1 percent, to 9,286.34. The Standard & Poor's 500 index rose 1.16, or 0.1 percent, to 995.91, while the Nasdaq composite index fell 1.20, or 0.1 percent, to 1,965.87.

Yesterday’s Top Performing Small Cap stock:

GWS Technologies, Inc. (OTC BB: GWSC) was a SmallCapVoice.com top performer closing up 12% on trading volume of 82,770 shares.

GWS Technologies, Inc., an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions, announced that it is working with Wind Pro Energy Systems in Circle, Montana to develop wind solutions throughout the state.

“We are very excited to be able to work with Wind Pro,” said Michael Coskun, Vice President of GWS Technologies, Inc. “Montana has terrific state and local incentives which will complement the current federal rebates, making this the perfect market to begin utility-scale installations and distribution.”

Last month a Harvard study found Montana to be the second windiest state in the nation, second only to Texas. According to state sources, Montana has developed wind energy faster than any other state in the nation over the last four years, with the goal of producing 20% of its electricity through wind energy by 2030. The state’s Energy Promotion and Development Division, created in 2007, is currently assisting and monitoring about 50 industrial wind energy projects of various sizes and stages of development with the potential to supply 4,000 megawatts of energy. New transmission lines are currently in the planning phase that would greatly increase the capacity of utility scale wind power. Globally, wind is the world's fastest-growing source of power generation with an average annual growth of 29% over the last ten years.

Today’s SmallCapVoice.com Hot Stock to Watch:

HearAtLast Holdings, Inc. (OTC BB: HRAL)

HearAtLast Holdings, Inc., a leading provider of suitable affordable solutions to clients with hearing needs in the billion dollar hearing loss market, announced today the clinics throughout Canada saw same month sales increase by over 20 percent during August, 2009.

Industry trends generally indicate that the month of August is a slower period in the Canadian Retail Hearing Aid Industry. This is a very positive sign that the Canadian economy, not as closely tied to the USA economic downturn, is recovering.

"With the majority of sales to the 60 plus individuals who rely on investment income, this certainly benefits our patients as the HearAtLast model lends itself to affordable high end hearing devices everyday. The culture of the traditional shopper has changed, as their loyalty is shifting to retailers who provide value on a consistent basis and not just when times are tough, and this new paradigm shift is here to stay or HearAtLast," states Robert J. Oswald of HearAtLast Holdings, Inc.

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