(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.

Traders work on the floor of the New York Stock Exchange in the Manhattan borough of New York City, New York, U.S., April 20, 2018. REUTERS/Brendan McDermid

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

Read more from our friends at Reuters: