**Levi Straus Stocks Soar 17% After Surprising Earnings Beat – What’s Next for Investors**
Stocks in New York, New York surged on Thursday following remarks from Federal Reserve Chairman Jerome Powell regarding potential interest rate cuts later in the year. Investors also turned their focus to upcoming U.S. jobs data amidst the market activity. Levi Strauss, a renowned clothing company, released its fiscal first-quarter earnings report, exceeding analysts’ expectations and resulting in a 17% increase in its stock value. The company reported an adjusted profit of 26 cents per …