REFILE-US STOCKS-S&P 500, Nasdaq set for higher open on tech bounce

(Corrects syntax in paragraph 7)
* Weekly jobless claims stuck at high levels
* Rebound continues for Apple, Tesla shares
* Futures: Dow flat, S&P up 0.2%, Nasdaq up 0.9%

By Medha Singh and Devik Jain
Sept 10 (Reuters) - Wall Street's main indexes were set to
open higher on Thursday as momentum from demand for cheaper
tech-related stocks overshadowed elevated weekly jobless claims
that suggested a choppy economic rebound.
Initial claims for state unemployment benefits totaled a
seasonally adjusted 884,000 for the week ended Sept. 5, matching
the number of applications received in the prior week as layoffs
and furloughs persisted across industries. The U.S. Senate was set to vote later in the day on a
significantly scaled back Republican coronavirus relief bill in
what could be the final vote on fiscal aid in Congress before
the Nov. 3 presidential and congressional elections.
Wall Street's main indexes rebounded on Wednesday, snapping
the biggest three-day rout since March, as investors returned to
tech-focused stocks which are deemed insulated from the current
economic downturn.
The CBOE volatility index .VIX , a gauge of investors'
fear, hit a near three-month high at the start of a historically
tumultuous month of September after a stellar five-month rally
in U.S. stocks, led by tech shares and backed by tremendous
fiscal and monetary support.
Some of Wall Street's biggest players are viewing the recent
selloff as a bout of turbulence rather than the start of a
longer slide. "We are likely entering a period of consolidation, which is
welcomed by many market participants after the run that we've
had. It seems like we're trying to get into a rational market
environment," said William Herrmann, founder and managing
partner at Wilshire Phoenix in New York City.
At 8:57 a.m. ET, Dow e-minis 1YMcv1 were up 3 points, or
0.01%. S&P 500 e-minis EScv1 were up 7.75 points, or 0.23% and
Nasdaq 100 e-minis NQcv1 were up 103 points, or 0.9%.
The biggest U.S. company by market capitalization, Apple Inc
AAPL.O , rose 2.2% premarket and Tesla Inc TSLA.O added 5%.
Other heavyweights Amazon.com Inc AMZN.O , Microsoft Corp
MSFT.O and Facebook Inc FB.O were up between 0.6% and 0.8%.