You are here

US: Nasdaq up 1% 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 per cent level, and a 9 per cent 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 per cent, at the open to 24,128.72. The S&P 500 opened higher by 12.25 points, or 0.46 per cent, at 2,651.65. The Nasdaq Composite gained 76.75 points, or 1.10 per cent, to 7,080.49 at the opening bell.

REUTERS

sentifi.com

Market voices on: