Nasdaq up 1pc as tech earnings impress, yields pull back

NEW YORK: Wall Street stocks opened higher on Thursday as US bond yields pulled back from the 3 percent level, and a 9 percent jump in Facebook's shares after strong results helped the Nasdaq rise more than 1 percent.

The Dow Jones Industrial Average rose 44.89 points, or 0.19 percent, at the open to 24,128.72. The S&P 500 opened higher by 12.25 points, or 0.46 percent, at 2,651.65.

The Nasdaq Composite gained 76.75 points, or 1.10 percent, to 7,080.49 at the opening bell.