Wall St bounces back after data; Facebook jumps

Traders work on the floor of the New York Stock Exchange January 29, 2014. REUTERS/Brendan McDermid

NEW YORK (Reuters) - Wall Street rebounded at the open on Thursday from the previous session's decline after data showed robust household spending and rising exports helped the U.S. economy to grow 3.2 percent in the fourth quarter.

The Dow Jones industrial average rose 79.89 points or 0.51 percent, to 15,818.68, the S&P 500 gained 9.43 points or 0.53 percent, to 1,783.63 and the Nasdaq Composite added 47.025 points or 1.16 percent, to 4,098.459.

(Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)