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

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Reuters

(Reuters) - Wall Street stocks opened higher on Thursday as U.S. 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.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta)

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First Published: Apr 26 2018 | 7:06 PM IST

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