Stocks Hop at the Open

Screens are glowing green on Wall Street this morning as traders get a chance to buy after the long weekend.
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Stocks were higher in the early going in the wake of Friday's

employment report

as the 30-year Treasury bond rallied.

The

Labor Department

said nonfarm payrolls grew only 46,000 in March, much lower than economists predicted, while the unemployment rate dropped to 4.2% from 4.4% in February.

The 30-year bond was up 7/32 to 95 6/32, yielding 5.58%. The long bond also rallied in

Friday's abbreviated session. The stock market was closed Friday.

Leading the way on the upside was the

Nasdaq Composite Index

, which was up 31 to 2524. The

Dow Jones Industrial Average

was up 70 to 9903. The

S&P 500

was up 11 to 1305. The

Russell 2000

was up 3 to 402.

TheStreet.com Internet Sector

index was up 9 to 666.

TheStreet.com E-Commerce Index

was up 3 to 119.

Most Up at Open -- NYSE

Charles Schwab (SCH) , up 2 3/4 to 97

.

Most Up at Open -- Nasdaq

DoubleClick (DCLK) , up 11 7/16 to 101

.

Most Down at Open -- NYSE

Sony (SNE) - Get Report, down 1 7/8 to 94

.

Most Down at Open -- Nasdaq

Aspect Development (ASDV) , down 13 1/32 to 8 7/8

: The company issued an earnings warning.