Equities: Tech rebound faces SpaceX earnings test - Danske Bank

Danske Research Team highlights a tech-led rebound in US equities, with Nasdaq up 1.1% and S&P 500 up 0.4%, while European Stoxx600 fell 0.8%. The move was driven by a narrow group of tech and consumer discretionary names such as SpaceX and Amazon, with the upcoming SpaceX earnings seen as a near-term test for the AI narrative.