"Tech-Led Market Bounce: Dow Rises on Rate-Cut Optimism and Jobless Claims"

Tech stocks led a market bounce as investors shifted focus to the upcoming US jobs report, with the Dow Jones Industrial Average rising 0.4% and the S&P 500 gaining 0.7%. Federal Reserve Chair Jerome Powell's comments on potential rate cuts helped soothe concerns, while attention now turns to the March jobs report. Meanwhile, Levi Strauss shares jumped 18% after boosting its earnings forecasts, and General Motors' stock is up 25% year-to-date, with Citi analyst Itay Michaeli seeing it as a top pick.