Stocks Up Modestly at Open

Stocks were mostly higher early on as the 30-year Treasury bond firmed modestly this morning after yesterday's swoon.

The

Dow Jones Industrial Average

was up 4 to 9329. The

S&P 500

was up 1 to 1237.

The

Nasdaq Composite Index

was up 7 to 2302. The

Russell 2000

was up 2 to 396.

TheStreet.com Internet Sector

was up 10 to 535.

TheStreet.com E-Commerce Index

was up 2 to 99.

The 30-year Treasury bond was up 1/32 to 93 30/32, yielding 5.68%.

Most Up at Open -- NYSE

IBM (IBM) - Get Report, up 2 1/8 to 170 1/2

.

Most Up at Open -- Nasdaq

Visx (VISX) , up 11 to 71 1/2

: The company yesterday said it expects to beat analysts' estimates for the first quarter thanks to demand and license fees for its

Star S2 Excimer Laser System

.

BancBoston Robertson Stephens

upgraded Visx to buy from long-term attractive.

Most Down at Open -- NYSE

Telebras (TBH) , down 2 1/16 to 61 7/16

.

Most Down at Open -- Nasdaq

Micron Electronics (MUEI) , down 2 11/16 to 11 3/4

: Yesterday the company warned it sees second-quarter earnings and sales falling below first-quarter figures because of slower PC sales. The 15-analyst

First Call

outlook called for earnings of 14 cents a share vs. the year-ago loss of 23 cents. In the first quarter, the company made 12 cents.